(i) A business needs to constantly attract and capture new customers, the focus and priority should be on pleasing and keeping your existing customer base.
(ii) Companies that neglect to mature and retain their customer base ultimately fails ultimate, Marketing brings a customer in and customer service keep them coming back.

A Regulated Market or Controlled Market is an idealized system where the government control the forces of supply and demand, such as who is allowed to enter the market and/or what prices may be charged.

The commodity market manages the trading in primary products which takes place in about 50 major commodity markets where financial transactions increasingly outstrip physical purchases which are to be delivered.

(i) Market is place where buying and selling goods takes place.
(ii) A regular gathering of people for the purchase and sale of provisions, live stocks and other commodity.

The financiers of a business which includes the debenture holders and financial institutions play a significant part in the running of a business.

External environment refers to those factors outside the business These factors by and large are beyond the control of  a business and hence uncontrollable.
e.g economic, political and socio-cultural factors.

(i) Mixed economy is a combination of both state owned and private sector ownership.
(ii) The economic policies of a nation Monetary policy, fiscal policy, Export import policy, Industrial policy Trade policy, Foreign exchange policy etc are part of the economic environment.