0 votes
in Business Studies Form 3 by
What are the circumstances under which a market board can be used?

1 Answer

0 votes
ago by
  1. Financial Markets:
    • Stock Exchanges: In a stock exchange, a market board displays the current prices and trading information of listed stocks or securities. It provides real-time updates on stock prices, trading volumes, bid and ask prices, and other relevant market data.
    • Commodities Exchanges: Market boards are used to display information related to the trading of commodities such as agricultural products, metals, energy, and more. They show current commodity prices, contract specifications, and trading activity.
  2. Retail Markets:
    • Supermarkets or Grocery Stores: Market boards may be used to showcase product prices, special offers, discounts, or promotions within a store. They can help guide customers and attract attention to specific products or sections.
    • Farmers Markets: Market boards can be utilized by farmers or vendors at farmers markets to display prices, product information, and availability of fresh produce or other goods being sold. This allows customers to make informed purchasing decisions.
  3. Auctions:
    • Auction Houses: In auction environments, market boards are commonly used to display the current bids, bid increments, and other relevant information for items being auctioned. It helps participants track the progress of the auction and make informed bidding decisions.
  4. Real Estate:
    • Property Markets: Market boards may be used in real estate contexts, such as in open houses or property exhibitions, to display information about available properties, their prices, key features, and contact details for potential buyers or renters.
  5. Financial Institutions:
    • Banks or Foreign Exchange Centers: Market boards can be found in banks or foreign exchange centers to display foreign currency exchange rates, interest rates, or other financial market-related information.
  6. Event or Conference Centers:
    • Trade Shows or Conferences: Market boards can be utilized in large-scale events or conferences to display schedules, session timings, speaker information, exhibitor details, and other event-related updates.
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.

5.7k questions

7.4k answers


590 users