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Service market – the real form of existence for exchange relations

Author

Listed:
  • Ioan Cosmescu

    (“Lucian Blaga” University of Sibiu, Romania)

  • Denisa Cosmescu

    (L.C. Welting Marketing Romania)

Abstract

In a limited way of approaching the term “market” is defined as a certain geographic place, a physical point where, at certain hours and certain days, buyers and sellers meet in order to buy and sell goods. In a broad and abstract way of approaching the word “market” does not mean anymore a point that can be geographically and physically located, but the universality of relations that take place between the representatives of demand and supply for a certain product.

Suggested Citation

  • Ioan Cosmescu & Denisa Cosmescu, 2004. "Service market – the real form of existence for exchange relations," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 4, pages 51-54.
    • Handle: RePEc:pet:annals:v:4:y:2004:p:51-54
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