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- In marketing, a market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product1. A market is a place where parties can gather to facilitate the exchange of goods and services, and the parties involved are usually buyers and sellers2. Marketing is a set of activities that identifies, creates, communicates and supplies consumer needs3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In marketing, the term market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product.www.netmba.com/marketing/market/definition/A market is a place where parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical, like a retail outlet, where people meet face-to-face, or virtual, like an online market, where there is no physical presence or contact between buyers and sellers.www.investopedia.com/terms/m/market.aspThe market is defined as a physical or virtual set up where the buyers and seller need to proceed exchange of goods and services. Marketing is a set of activities that identifies, creates, communicates and supplies consumer needs. A market is a place, i.e. physical or non-physical.keydifferences.com/difference-between-market-an…
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What is a Market, Definition and Types of Market
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