Tag: meaning and definition of market

Questions Related to meaning and definition of market

Match the following statements with their authors:

a) "Marketing is the delivery standard of living." i) Peter F. Drucker
b) "Marketing comprises both buying and selling activities." ii) Philip Kotler
c) "Marketing is human activity directed at satisfying needs and wants through exchange process." iii) Paul Mazur
d) "Marketing is a process which converts a resource, distinct knowledge into a contribution of economic value in the market place." iv) Pyle
commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. (a)-(iv), (b)-(iii), (c)-(i), (d)-(ii)

  2. (a)-(iv), (b)-(ii), (c)-(iii), (d)-(i)

  3. (a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)

  4. (a)-(i), (b)-(ii), (c)-(iv), (d)-(iii)

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Correct Option: A

Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called _____________.

organisation of commerce and management concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. residential markets

  2. mortgage markets

  3. agriculture markets

  4. commercial markets

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Correct Option: B

The _________ is especially well suited to offer hedging protection against transactions risk exposure.

organisation of commerce and management concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. forward market

  2. spot market

  3. transactions market

  4. inflation-rate market

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Correct Option: A