Tag: meaning and definition of market

Questions Related to meaning and definition of market

The Latin word 'Mercatus' means ________.

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. To trade

  2. To sell

  3. Mechandise

  4. An area

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Correct Option: A

In the economic sense, market means.

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. Place of business

  2. Merchandise

  3. The demand for a commodity

  4. A social institution

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Correct Option: C

The focal point of Modern Marketing is?

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. Producer

  2. Consumer

  3. Middlemen

  4. Agents

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Correct Option: B

The importance of consumer was accepted in the.

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. Self-sufficient stage

  2. Exchange-oriented stage

  3. Production oriented stage

  4. Sales-oriented stage

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Correct Option: D

The second stage in the evolution of marketing came with the dawn of.

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. Great depression

  2. Industrial revolution

  3. Agricultural revolution

  4. All the above

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Correct Option: B

The first stage in the evolution of marketing is?

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. Self-sufficient stage

  2. Exchange-oriented stage

  3. Production oriented stage

  4. Sales-oriented stage

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Correct Option: B

Concept of market was totally absent in.

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. Self-sufficient stage

  2. Barter stage

  3. Production oriented stage

  4. Sales oriented stage

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Correct Option: A

The present stage of the evolution of the marketing concept is?

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. Consumer-oriented stage

  2. Sales-oriented stage

  3. Production-oriented stage

  4. Management oriented stage

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Correct Option: D

Marketing is concerned with.

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. Sales

  2. Various markets

  3. Warehousing

  4. Needs of buyers

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Correct Option: D

Marketing involves four functions.

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. Marketing research, product planning, creation of demand and distribution

  2. Product planning, profit maximisation, creation of demand and distribution

  3. Marketing research, warehousing, transportation and distribution

  4. Demand forecasting, sales forecasting, distribution and profit forecasting

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Correct Option: A