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Question
Distinguish between market and marketing.
Distinguish Between
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Solution
| Sr. No. | Basis of distinction | Market | Marketing |
| 1. | Meaning | Market means exchanging a product or service between a buyer and a seller. | Marketing means all the activities involved in planning, pricing, promoting and distributing satisfying products and services. |
| 2. | Nature | The market is an interaction. | Marketing is a process. |
| 3. | Scope | The market is a narrow concept. | Marketing is a wide concept. |
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