3) Market and Classification
3) Market and Classification
3) Market and Classification
means not a particular market place in which things are bought and
sold but the whole of any region in which buyers and sellers are in
such a free intercourse with one another that the prices of the same
goods tends to equality, easily and quickly.
According to Chapman, “the term market refers not to a
Share market.
I] On the basis of Stage of
marketing :
1} Producing Markets : 2} Consuming Markets :