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

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प्रश्न

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

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उत्तर

The market is needed for the producers and consumers. For this there are various concepts:

  1. The products produced are to be marketed in the market for sales.
  2. First, create a consumer and then create products.
  3. Keep respect and love customers than the products.
  4. The customer is the king of the business.
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अध्याय 14: Marketing and Marketing Mix - Exercise [पृष्ठ ११६]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 14 Marketing and Marketing Mix
Exercise | Q III. 2. | पृष्ठ ११६

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.


Maruti Vega Ltd.' entered into the market with coloured television and have now introduced products like audio systems, air-conditioners washing machines, etc. The company is not only offering the products but also handling complaints and offering aftersales services.

Identify the element of marketing-mix discussed here.


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. 


Differentiate between the traditional concept of marketing and the modern concept of marketing.


Write short notes on:

Marketing research.


Match the pairs.

Group A Group B
A) Market 1) Single Seller
B) Registered brands 2) Stock Market
C) Monopoly 3) Distinct Name
D) Branding 4) Mercatus
E) Digital Marketing 5) Single Buyer
    6) lSI
    7) Trademark
    8) Use of traditional media
    9) Multiple sellers
    10) Use of digital media

State whether the following statement is true or false:

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


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


With which element is the exchange mechanism related?


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