Question

what is market exchange? outline its major features.​

Answer 1

Explanation:

Marketing involves exchange of goods, services and ideas with the medium of money. Exchange takes place between sellers and buyers. Most of marketing activities are concerned with the exchange of goods. Functions such as distribution, after-sale services and packaging help in the exchange process.

Answer 2

Answer:

$\huge{\mathcal{\purple{A}\green{n}\pink{s}\blue{w}\purple{e}\green{r}\blue{⋆}}}$

Exchange process:

Marketing involves exchange of goods, services and ideas with the medium of money. Exchange takes place between sellers and buyers. Most of marketing activities are concerned with the exchange of goods. Functions such as distribution, after-sale services and packaging help in the exchange process.