MEANING OF MARKETING
MARKETING is a extensive term and it includes all resources make of activities necessary to direct and assist in the stream of goods and services from your producer to the consumer. Promoting is providing the best goods and services to the right people, at the right place, with the right time including the right cost with the right interaction and advertising. It is not pretty much symbols and brands. It truly is about how you decide to use the products and services we wish to buy. The American Marketing Association describes marketing while " the performance of business actions that immediate the circulation of goods and services coming from producer to consumer or user. вЂќ The advertising staff from the Ohio Condition University in 1965, suggested that marketing can be viewed as " the process in a society by which the necessity structure intended for economic goods and services is expected or increased and happy through the conception, promotion, exchange, and physical distribution of products and providers. вЂќ INDUSTRY
MARKET is one of the many varieties of systems, institutions, techniques, social associations and infrastructures whereby celebrations engage in exchange. While functions may exchange goods and services simply by barter, many markets rely on sellers offering their services or goods including labor in exchange for money from buyers. There are two roles in markets, buyers and sellers. A market with single seller and multiple buyers is actually a monopoly. An industry with a sole buyer and multiple retailers is a monopsony.
TYPES OF MARKET
Is known as a market in which people and entities can easily trade financial securities, items, and other fungible items of worth at low transaction costs and at rates that reveal supply and demand. TYPES OF FINANCIAL MARKETPLACE
пѓCAPITAL MARKET SEGMENTS
Stock market segments
пѓCOMMODITY MARKETS-which facilitate the trading of commodities. пѓMONEY MARKETS-which offer short term debt financing and investment. пѓDERIVATIVES MARKETS-which offer...