Business Studies, asked by Tirtharaj5908, 1 year ago

Marketing is a legal process by which ownership transfer explain

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Answered by ItsShree
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Services marketing is a specialised branch of marketing. Services marketing emerged as .... This recognition triggered a change in the way services were defined. By the mid twentieth century, scholars.

Answered by bhatiamona
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Marketing is a legal process by which ownership transfer, explain?

Marketing is a legal process through which ownership is transferred. It means that in the process of marketing the ownership of goods is transferred from seller to buyer or consumer. This is a legal process. There is a legal process as well as a traditional process. But in many contexts this process also comes under the legal process. Marketing has been going on since the stage of human development, when humans started doing business. In the process of trading a product is owned by the seller and he transfers this ownership to the buyer. In return, he gets money.

In the process of transfer of the product, the seller transfers ownership to the buyer at a price higher than the value of the goods or services. This price difference is called the margin, which is the seller's dividend. Marketing is done for this dividend. If this dividend is not there then no marketing activity will be possible.

The process of marketing has been legalized and many rules and regulations are enforced.

Marketing in other sense is the process by which a business organization or organization provides a product or service to earn desired profit or to satisfy its customers. This process of getting the product or service to the consumer or the user is called marketing.

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