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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.
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
Nishtha, Vasvi and Radhika were friends from college time and now they are engaged in different types of businesses. They regularly meet and discuss their business ideas, exchange notes on customer satisfaction, marketing efforts, product designing, selling techniques and social concerns, etc.
Nishtha drew the attention of her friends towards the exploitation of consumers in the market. She said that the sellers were exploiting the consumes in many ways and were not paying attention towards the social, ethical and ecological aspects of marketing. Vasvi said that they were under pressure of consumer satisfaction but observed that the consumers would not buy or not buy enough unless they are adequately convinced and motivated to do the same
Radhika stressed that it was the duty of the businessmen to keep consumer satisfaction in mind because business was run by the resources made available by the society. Thus, a company cannot achieve its objectives without understanding the needs of the customers. The thinking of the three friends was different. These thinkings were guiding the marketing efforts of their business and were known by the different name. Identify these names. Also, state one more feature of each of these thinkings.
What is the societal concept of marketing?
Distinguish between the product concept and production concept of marketing.
What is marketing concept? How does it help in the effective marketing of goods and services.
Explain any four facilitating functions of marketing.
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 |
The term market is derived from the ___________ word ‘Mercatus’.
Which one is the example of an Intangible product?
With which element is the exchange mechanism related?
The marketing concept is based on which of the following points.
Which of the following statements is true regarding marketing?
Which of the following statement is true regarding marketing?
Find the odd one:
