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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.
What is marketing?
Name two types of markets on the basis of the nature of transactions.
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.
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 |
Explain the following term/concept.
Digital Concept of Market
Define Marketing.
The area concept of market is related to exchange concept.
What is Marketing?
According to the modern marketing concept, which of the following statements is true?
Which of the following statements is incorrect?
Explain the following function of marketing:
Grading
Find the odd one:
Customer orientation is a modern approach to marketing.
Which group includes stakeholders on whom a company depends?
Which option lists marketing activities in the traditional view?
In Phillip Kolter’s definition, marketing is a social process by which individual groups obtain what they need and want through what means?
Which activities take place before production?
What is the Exchange Mechanism based on?
