Question

Answer the following in 5 to 6 sentence :
1. Write a brief note on markets​

Answer 1

Answer:

A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical like a retail outlet, or virtual like an e-retailer. Other examples include the black market, auction markets, and financial markets.

Answer 2

$\huge\bf\underline{\color{navy}{Question}}$

Write a brief note on markets

$\huge\bf\underline{\color{navy}{Answer}}$

${\color{navy}\looparrowright\bf }$Marketing, the sum of activities involved in directing the flow of goods and services from producers to consumers.

${\color{navy}\looparrowright\bf }$Marketing’s principal function is to promote and facilitate exchange.

${\color{navy}\looparrowright\bf }$ Marketing, individuals and groups obtain what they need and want by exchanging products and services with other parties.

${\color{navy}\looparrowright\bf }$Such a process can occur only when there are at least two parties, each of whom has something to offer.

${\color{navy}\looparrowright\bf }$In addition, exchange cannot occur unless the parties are able to communicate about and to deliver what they offer.