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Question

______ is where the deal is accomplished between buyers and sellers through the medium of phone, letter, or internet.


A

Market

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B

Marketing

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C

Selling

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D

Planning

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Solution

The correct option is A

Market


Answer (a) Market

Explanation: A market is where people can assemble to work with the trading of products and services. The parties included are normally sellers and buyers. The market might be like an actual retail outlet, where individuals meet personally, or virtual like a web-based market, where there is no physical contact among sellers and buyers.


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