R K Jain Solutions for Chapter: Market Around Us, Exercise 1: Time to Learn
R K Jain Social Science Solutions for Exercise - R K Jain Solutions for Chapter: Market Around Us, Exercise 1: Time to Learn
Attempt the practice questions on Chapter 30: Market Around Us, Exercise 1: Time to Learn with hints and solutions to strengthen your understanding. Updated Integrated Social Science 7 solutions are prepared by Experienced Embibe Experts.
Questions from R K Jain Solutions for Chapter: Market Around Us, Exercise 1: Time to Learn with Hints & Solutions
How is the modern concept of marketing different from the traditional concept?

'Marketing is not about selling things alone.' Explain the statement.

How is a retailer different from a wholesaler?

What is the importance of markets?

What are the benefits of marketing?

Explain any one type of distribution channel.

If the producer of mustard oil wants to open a production unit, which of the following would be a good location for her /him? Give reasons for your choice.
a. Close to mustard fields b. Close to a marketplace c. Close to a residential area

Among the producer, trader, and the consumer, who do you think has the maximum possibility of getting exploited and why?
