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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

Hayaram' is a famous chain selling a large variety of products in the Indian market. Their products include chips, biscuits, sweets and squashes. It charges a comparatively higher price than its competitors as it sells quality products. Besides, it offers regular discounts to its customers and easy credit terms to its retailers. It has five of its own retail shops. It also sells its products through various grocery stores so that the products are made available to customers at the right place, in the right quantity and at the right time. It regularly uses different communication tools to increase its sales.

The above para describes the combination of variables used by Hayaram to prepare its market offering. Identify and explain the variables


Explain the following function of marketing:

Standardisation


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


Write short notes on:

Marketing research.


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


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

Explain the following term/concept.

Commodity Concept of Market


Explain the following term/concept.

Digital Concept of Market


Explain in detail the concepts of marketing.


The area concept of market is related to exchange concept.


Select the correct option.

(place concept of market, E Jerome McCarthy, market research, label, 3P’s)

Group A  Group B
A. 4Ps _______________
B. _______________ A function of marketing
C. Booms and Bitner _______________
D. _______________ buyers, sellers and intermediaries come together
E. _____________ slip is found on the product

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


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 ______.


Which of the following statements is true regarding marketing?


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


Which of the following statement is true regarding marketing?


Explain the following function of marketing:

Grading


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