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Question
Distinguish between market and marketing.
Distinguish Between
Solution
| Basis of distinction | Market | Marketing | |
| 1. | Meaning | It means exchanging a product or service between a buyer and a seller. | It means all the activities involved in planning, pricing, promoting and distributing satisfying products and services. |
| 2. | Nature | It is an interaction. | It is a process. |
| 3. | Scope | It is a narrow concept. | It is a wide concept. |
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