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Function of market

Updated: 4/28/2022
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13y ago

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1- Marketing research
2- Marketing planing
3- Product development
4- Advertisement and sales promotion
5- Selling and distribution
6- After sales service
7- Public relations

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12y ago
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13y ago

The function of the market is to match individual suppliers to individuals consumers, in the form of exchange, and cause a cooperative surplus for both individuals by allowing for this exchange. The market also sets prices for goods and services.

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