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The basic concepts that drive market controls function at the level of the corporation, the department, and the_____.

O clan
O competition
O bureaucracy
O individual

1 Answer

1 vote

Final answer:

The basic concepts that drive market controls operate at the level of the corporation, the department, and the individual, in a free enterprise system where individuals have significant influence as producers and consumers.

Step-by-step explanation:

The basic concepts that drive market controls function at the level of the corporation, the department, and the individual. Large organizations, which may display bureaucratic characteristics, function through different levels ranging from corporate structures to individual contributions. Organizations rely on bureaucratic systems for efficiency, but they also operate within the broader competitive market where supply and demand exert influence. Therefore, in a free enterprise system, the individual plays a pivotal role as both producer and consumer, making choices that ultimately shape the market. A strong understanding of the interplay among these levels is crucial for comprehending the dynamics of modern economies.

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