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

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प्रश्न

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

टीपा लिहा
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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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पाठ 14: Marketing and Marketing Mix - Exercise [पृष्ठ ११६]

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

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


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


List five shopping products purchased by you or your family during the last few months.


Distinguish between the product concept and production concept of marketing.


Explain the following term/concept.

Commodity Concept of Market


Explain in detail the concepts of marketing.


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

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


Which of the following statements is incorrect?


Customer orientation is a modern approach to marketing.


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