Distinguish between market activities and non market activities.
Answers
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jiya
Following are the difference between market activities and non market activities. ... In simple words, the main motive of doing such activities is to earn profit by selling the output in the market. 2) It includes production of goods and services, including the government services.
1) Non market activities are those activities primarily undertaken for the purpose of self-consumption. ... 2) The output of the non market activities is neither for sale in the market nor for earning profit. These activities can be for consumption and processing of primary products for one's own use.
Marketing
Types of promotional activities. Product and service promotion is the most common form of marketing. Promotional activities can include: advertising - you can advertise your product, service or brand in newspapers, radio, television, magazines, outdoor signage and online
Non marketing
Non market activities are those activities primarily undertaken for the purpose of self-consumption. These activities don't give profit as they are for self consumption. The output of the non market activities is neither for sale in the market nor for earning profit.