Thursday, November 26, 2009

TYPES OF MARKET

A market can be categorized in different basis.There are several types of market.Among them major types of market can be classified on the basis of following features.
(1)on the basis of geographical area:
(a)local market
(b)regional market
(c)national market
(d)international market
(2)on the basis of volume:
(a)wholesale market
(b)retail market
(3)on the basis of delivery:
(a)spot market
(b)future market
(4)on the basis of control:
(a)regulated market
(b)unregulated market
(5)on the basis of function:
(a)mixed market
(b)specialized market
(6)on the basis of time:
(a)very short period market
(b)short period market
(c)long period market
(d)very long period market

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