what is Market . definition and explanation.
Answers were Sorted based on User's Feedback
Answer / puneet
market is consumer. a consumer mainly constitute a market.
although there are both sellers and buyers or consumers but
the main ingredient is consumer. Without consumer what does
buyer do in market ?
MARKET IS ALL ABOUT CONSUMER
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / biswadeep
A market is a place where there are buyers and sellers, both of whom are have only a single product or service of interest. Depending on the demand and supply from the buyers and sellers respectively, prices get decided and the exchange of goods or services takes place.
Depending on the no of players, the various markets are:-
1) one seller many buyers- Monopoly
2) many sellers and many buyers- open market
3) few significant sellers and many buyers- oligopoly or cartels
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / rajiv kumar
MARKET IS THE PLACE WHERE MANY SMALL AND BIG ORGANISATIONS
INVEST MONEY FOR THIER EARNINGS BY SELLING THIER PRODUCTS
TO CONSUMERS.
| Is This Answer Correct ? | 0 Yes | 2 No |
What is your the greatest weakness?
wht will be the affet of lehman brothers bankruocey on indian economy?
what is repo rate? plz explain it in broad.
What are the most important rewards you expect in your career
How CRR(What is CRRrate hike will help to reduce inflation rate
Why did you choose this career?
WHY U APPLIED ONLY ONE UNIVERSITY CAN I HAVE MORE THAN ONE I-20
why do u want to pursue Management education?
How can we create regular dimensions & measure dimensions?
You have done MBA in 2006. What you were doing for last two years ?
what steps have you taken to make sure you perform well in the new field you wish to study ?
how do you plan to use this degree
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)