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Difference between hoarding and blackmarketing

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Difference between hoarding and blackmarketing

Posted by Riya Ragini 5 years, 5 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 5 months ago

Black marketing is the marketing of the things in a market in illegal means,the transactions done are in itself illegal.

Hoarding is holding resources in larger quantities that exceeds one's use .The main motive behind holding scarce resources, is to sell to customers on a high profit in times of natural disasters etc

2Thank You

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