Professional Documents
Culture Documents
By:
GROUP 2
FACULTY OF ECONOMIC
ANDALAS UNIVERSITY
2016
PAPERS AND INFORMATION SYSTEMS BUSINESS STRATEGY
In mainstream economics, the concept of the market is any structure that allows buyers and sellers
to exchange any type of goods, services and information.Exchange of goods or services for money
is a transaction. Market participantsconsist of all buyers and sellers are both affecting its price.
This influence is a majorstudy of economics and has spawned several theories and models of basic
market forces of supply and demand. There are two roles in the market, buyers and sellers.Markets
facilitate trade and allow the distribution and allocation of resources in the community. Markets
allow all items to be evaluated and traded prices. An emergingmarket is more or less spontaneous
or deliberately constructed by human interaction to allow the exchange of rights (ownership)
services and goods.