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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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

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प्रश्न

Answer in one sentence.

Define Market.

व्याख्या
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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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पाठ 8: Marketing - Exercise [पृष्ठ १६६]

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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.


How do the 'Company-related factors' affect the choice of channels of distribution? Explain


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


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


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.


Explain the following term/concept.

Place Concept of Market


Explain the following term/concept.

Digital Concept of Market


Explain in detail the concepts of marketing.


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


With which element is the exchange mechanism related?


Marketing is called a ____________ process because it involves the interaction of buyers and sellers.


Which of the following statements is incorrect?


A person feeling hungry may get food by offering to give money or some other product or service in return to someone who is willing to accept the same for food. The important feature of marketing illustrated above is ______.


The marketing concept is based on which of the following points.


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 of the following statements is true regarding marketing?


Customer orientation is a modern approach to marketing.


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