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- In business, a market refers to1234:
- A place where buyers and sellers meet to exchange goods and services.
- Can be physical (like a retail outlet) or virtual (like an e-retailer).
- Establishes prices based on supply and demand.
- Business markets involve selling products and services to other businesses.
- The term may also refer to the whole group of buyers for a good or service.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or virtual, like an e-retailer. Examples include illegal markets, auction markets, and financial markets. Markets establish the prices of goods and services, determined by supply and demand.www.investopedia.com/terms/m/market.aspWhat are Business Markets? The business market is the process of selling your product and services to other businesses, where those products and services will either be used as a raw material for the manufacturing of other products. Or those businesses buy the products or services and resell them.www.marketingtutor.net/business-markets/A Market is any place where makers, distributors, or retailers sell, and consumers buy. Examples include shops, high streets, and websites. The term may also refer to the whole group of buyers for a good or service.marketbusinessnews.com/financial-glossary/market/A market is just a group of consumers who seek to satisfy similar needs through some form of exchange. First, the participants in the market must have something to exchange. That is, both parties have to have something of value so the consumer in order to be part of a viable market.thebusinessprofessor.com/principles-of-marketing/… - People also ask
- nounmarket (noun) · markets (plural noun)
- a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities:"farmers going to market"
- an area or arena in which commercial dealings are conducted:"the labor market" · "the sale of cruisers in the American market continues to plummet"
- a demand for a particular commodity or service:"there is a market for ornamental daggers"
- the state of trade at a particular time or in a particular context:"the bottom's fallen out of the market"
- the free market; the operation of supply and demand:"future development cannot simply be left to the market" · "a market economy"
- a stock market:"the sale of the company's shares on world markets"
OriginMiddle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant). Market: What It Means in Economics, Types, and …
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