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प्रश्न
______ is the place where transaction of buying and selling of goods and services take place in exchange for money or money's worth.
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उत्तर
Market is the place where transaction of buying and selling of goods and services take place
in exchange for money or money's worth.
APPEARS IN
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.
Explain the following function of marketing:
Standardisation
What is the societal concept of marketing?
List five shopping products purchased by you or your family during the last few months.
Answer the question.
Mention two types of markets, on the basis of the position of buyers and sellers.
Write short notes on:
Marketing research.
The market may be defined as aggregate demand by potential buyers for a product or service.
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 |
Answer in one sentence.
Define Market.
Explain the following term/concept.
Place Concept of Market
The term market is derived from the ___________ word ‘Mercatus’.
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?
The marketing concept is based on which of the following points.
Which of the following statement is true regarding marketing?
Explain the following function of marketing:
Grading
