MANAGEMENT

Detailed explanation-1: -Market can be defined where deal is accomplished between buyers sellers it may be at particular place, letter or through the medium of internet. Marketing involves a process of satisfying the needs of both the buyers & sellers so that all the transactions between buyers & sellers take place voluntary.

Detailed explanation-2: -Social media marketing (SMM) is the use of social media platforms to interact with customers to build brands, increase sales, and drive website traffic.

Detailed explanation-3: -Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Detailed explanation-4: -Key Takeaways. A product line is a group of connected products marketed under a single brand name by the same company. Firms sell multiple product lines under their various brand names, often differentiating by price, quality, country, or targeted demographic.

Detailed explanation-5: -Exchange Mechanism: The process of marketing works through the exchange mechanism. The individuals obtain what they need and want through the process of exchange.