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Answer in one sentence. Define Market. - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

Define Market.

परिभाषा
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उत्तर

 In simple words market is the place where two or more parties are involved in buying and selling. These two parties involved in the transactions are called buyers and sellers.

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अध्याय 8: Marketing - Exercise [पृष्ठ १६६]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 8 Marketing
Exercise | Q 1. (H) 3) | पृष्ठ १६६

संबंधित प्रश्न

Ginika, Tanish and Rohit were friends from college days and now they are doing different kinds of business. They regularly meet and discuss their business ideas and exchange notes on customer satisfaction, marketing efforts, product designing, selling techniques, social concerns etc.
In one of such meetings, Ginika drew the attention of Tanish and Rohit towards the exploitation of consumers. She told that most of the sellers were exploiting the consumers in various ways and were not paying attention towards the social, ethical and ecological aspects of marketing, whereas she was not doing so.

Tanish told that they were under pressure to satisfy the consumers, but stated that the consumers would not buy or not buy enough unless they were adequately convinced and motivated for the same.

Rohit stressed that a company cannot achieve its objectives without understanding the needs of the customers. It was the duty of the businessmen to keep consumer satisfaction in mind because business is run by the resources made available to them by the society. He further stated that he himself was taking into consideration the needs of the customers.

Identify the various types of thinking that guided Ginika, Tanish and Rohit in the making efforts of their business. Also. state one more feature of the various types of thinking identified that is not given in the above para.


What is marketing concept? How does it help in the effective marketing of goods and services.


Name two types of markets on the basis of the nature of transactions. 


State two features of the modern concept of marketing? 


Write short notes on:

Marketing research.


The term market is derived from the ______ word ‘Mercatus’.


The term market is derived from the Latin word ‘Mercatus’.


The market may be defined as aggregate demand by potential buyers for a product or service.


Explain in detail the concepts of marketing.


The term market is derived from the ___________ word ‘Mercatus’.


Which one is the example of an Intangible product?


What is Marketing?


What is need for the market and explain the concept of marketing?


The term ‘market’ may be understood in which of the following contexts?


Which of the following statement is true regarding marketing?


Customer orientation is a modern approach to marketing.


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