Sunday, November 1, 2009

Market

Market
There are several views of the term market. In simple term,it is a meeting place for buyers and sellers. Market also means the composite of demand for a particular product or service. It is the place in which buyers and sellers meet, they negotiate, agree on the terms and condition of the transactions, settle payment and exchange ownership of the products.

In another point of view, It is identified in the terms of the category of the need or demand such as the beauty market(health cub, beauty parlours and cosmetics), the education market(schools, colleges, training centres and university), the home market(food,furniture and appliances). The construction market(bricks, cement, steel, gravel, sand, sanitary wares and electric goods).

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