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Marketing is considered as trail of activities
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What is the importance of marketing in
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The Deadline is
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career. There are different types of market pattern like:
Perfect
Competition: It refers to allowance to many firms on a single platform. In this
category, there is freedom to enter the market. In this various organisation
sell homogeneous products and expect normal profit.
Monopolistic
Competition: This type of market platform allows freedom to enter and exit both
at a time. Here different firms have different products and expect normal
profit.
Oligopoly: higher
market is controlled by few industries or manufacturing centres, for example,
five firms with a ratio of more than 50%.
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