What do you understand by the term ‘market' in economics brainly?
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Heya....
@@ In economics market is defined as ....
------>>>> Market is the arrangement or a system that arranges the meeting of buyers and sellers to set the economic transactions as purchasing and supply...
------>>>> It can be in any form as direct , online , or etc....
---->>> Must remember in actually market doesn't refer to any type of shopping complex....
@@ In economics market is defined as ....
------>>>> Market is the arrangement or a system that arranges the meeting of buyers and sellers to set the economic transactions as purchasing and supply...
------>>>> It can be in any form as direct , online , or etc....
---->>> Must remember in actually market doesn't refer to any type of shopping complex....
prem1163:
hiii
where are u negative place
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The management process through whichgoods and services move from concept to the customer. It includes the coordinationof four elements called the 4 P's of marketing:
(1) identification, selection anddevelopment of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the customer's place, and
(4) development and implementation of apromotional strategy.
For example, new Apple products aredeveloped to include improved applications and systems, are set at different prices depending on how much capability the customer desires, and are sold in places where other Apple products are sold.
(1) identification, selection anddevelopment of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the customer's place, and
(4) development and implementation of apromotional strategy.
For example, new Apple products aredeveloped to include improved applications and systems, are set at different prices depending on how much capability the customer desires, and are sold in places where other Apple products are sold.
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