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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
एका वाक्यात उत्तर

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

Explain the following function of marketing:

Standardisation


What is marketing? What functions does it perform in the process of exchange of goods and services? Explain.


What is marketing concept? How does it help in the effective marketing of goods and services.


Name two types of markets on the basis of the nature of transactions. 


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


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


______ 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.

Digital Concept of Market


Define Marketing.


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

With which element is the exchange mechanism related?


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


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 ______.


Explain the following function of marketing:

Grading


Customer orientation is a modern approach to marketing.


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