हिंदी

The area concept of market is related to exchange concept.

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प्रश्न

The area concept of market is related to exchange concept.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

The area concept of market is related to exchange concept. - True

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Marketing - State true or false

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.


Nishtha, Vasvi and Radhika were friends from college time and now they are engaged in different types of businesses. They regularly meet and discuss their business ideas, exchange notes on customer satisfaction, marketing efforts, product designing, selling techniques and social concerns, etc.
Nishtha drew the attention of her friends towards the exploitation of consumers in the market. She said that the sellers were exploiting the consumes in many ways and were not paying attention towards the social, ethical and ecological aspects of marketing. Vasvi said that they were under pressure of consumer satisfaction but observed that the consumers would not buy or not buy enough unless they are adequately convinced and motivated to do the same

Radhika stressed that it was the duty of the businessmen to keep consumer satisfaction in mind because business was run by the resources made available by the society. Thus, a company cannot achieve its objectives without understanding the needs of the customers. The thinking of the three friends was different. These thinkings were guiding the marketing efforts of their business and were known by the different name. Identify these names. Also, state one more feature of each of these thinkings.


List five shopping products purchased by you or your family during the last few months.


What is marketing? What functions does it perform in the process of exchange of goods and services? Explain.


Answer the question.
Mention two types of markets, on the basis of the position of buyers and sellers.


What is the market? Explain the meaning of the capital market and money market.


Write a word/term/phrase for the following sentence.

The market for the commodities which are produced in one country and sold in another countries.


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


______ is the place where transaction of buying and selling of goods and services take place in exchange for money or money's worth.


Select the correct option and complete the table.

(Mercatus, Industrial goods, Oligopoly, E. Jerome McCarthy, Booms & Bitner)

Group 'A' Group ‘B’
1. Commodity Market ____________
2. ____________ A few sellers
3. ____________ To trade merchandise
4. 4Ps __________________
5. ____________ 3Ps

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


Which one is the example of an Intangible product?


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


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


According to the modern marketing concept, which of the following statements is true?


Marketing is a ______ process by which people interact with others in order to persuade them to act in a particular way, say to purchase a product or service rather than forcing them to do so. 


Which concept of marketing emphasise on availability and affordability of the product?


Which of the following statement is true regarding marketing?


Find the odd one:


Customer orientation is a modern approach to marketing.


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