Your SlideShare is downloading. ×
Types Of Market
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Types Of Market

10,485

Published on

Types Of Market

Types Of Market

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
10,485
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
130
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Types of Market BTEC Business
  • 2. What are Markets?
    • A market is where buyers and sellers:
    • meet to exchange goods and services
    • usually in exchange for money
    • The market may be in one specific place
    • or
    • not exist physically at all
  • 3. An Invisible Market?
    • Markets can exist:
    • over telephone lines
    • online
    • in emails
    • As long as what happens involves buyers and sellers in a business transaction
  • 4. Consumer Markets
    • You should be familiar with these:
    • consumers interact with sellers to buy goods and services
    • sellers can be retailers using high street shops or out-of-town stores
    • sellers can use other sales media
  • 5. New Ideas for Selling to Consumers
    • Alternatives to conventional retailing:
    • Mail order (including catalogue shopping)
    • Online, Web-based selling (‘e-tailing’)
    • Direct producer-to-consumer selling
  • 6. Industrial Markets
    • The business world’s equivalent of consumer markets:
    • business organisations sell to other businesses
    • not to a final consumer
    • these other businesses use what they’ve bought to make new products
  • 7. Commodity Markets
    • Buying and selling products from the primary sector of industry:
    • Use the Biz/ed Glossary to check what ‘primary sector’ means at:
    • http://www.bized.ac.uk/glossary/glossary.htm
  • 8. What’s Traded on Commodity Markets?
    • Goods traded on commodity markets include:
    • coffee
    • cocoa
    • oil
    • precious metals
    • diamonds
  • 9. Rich and Poor?
    • Commodity markets often have their centres in developed countries (UK, USA, Netherlands)
    • The commodities themselves often originate in the developing world (Latin America, sub-Saharan Africa)
  • 10. Impact on Rich and Poor?
    • Commodity market prices can fluctuate wildly:
    • rising prices for oil causes inflation in developed countries which need oil for energy
    • falling prices for coffee, cocoa, copper and so on cause poverty for many in developing world
  • 11. Capital Markets
    • Businesses need capital in order to operate:
    • small firms may borrow or sell shares to family and friends
    • larger companies use the stock market to sell shares
    • this is known as ‘equity’ capital
  • 12. Other Capital Sources
    • Borrowing on the ‘bond’ markets. Used by Leeds Utd FC to finance their ambitions
    • More on this in Biz/ed’s ‘Wanna Argument’ at: http://www.bized.ac.uk/current/argument/arg10-2.htm
    • ‘Derivatives’ markets

×