Blinkie Text Generator at TextSpace.net

Wednesday, February 17, 2010

The Functions of Exchange

Buying : Buying which includes transfer of title is the marketing function of controlling and concentrating goods to facilitates sales, purchase, production or uses. Buying involves on the part of the purchaser, a determination of the kind, quality , quantity, time and price of goods to be bought.

Selling: One of the most important functions of the modern production is that of establishing a market for his products. Selling refers its transfer of the title to a commodity.
Selling is (a) Personal , or (b) Impersonal

Personal selling is oral presentation in conversation with one or more prospective customers for the purpose of market sale.

Impersonal selling refers to advertising and sale promotions.

No comments:

Post a Comment