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प्रश्न
State and explain any two types of markets on the basis of Nature of Transactions.
थोडक्यात उत्तर
उत्तर
- Spot market: This market is where the goods are physically transferred from the sellers to buyers.
- Future market: In this market, buyers and sellers enter into future contracts without the intention of actually delivering goods. Their purpose is to make profit out of fluctuations in prices.
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Types of Markets
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संबंधित प्रश्न
The following passage is excerpted from the book ‘MARKETING’:
| “The success of your business depends on the success of your marketing efforts. If you can identify what customers want, need and can afford- and give it to them- you will achieve outstanding results.” |
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