186k views
4 votes
Market control is control based on the use of pricing mechanisms and economic information to regulate activities within organizations.

True
False

User Koryu
by
8.1k points

1 Answer

6 votes

Final answer:

FALSE. Market control is not based on the use of pricing mechanisms and economic information to regulate activities within organizations.

Step-by-step explanation:

Market control is not based on the use of pricing mechanisms and economic information to regulate activities within organizations. Market control refers to the ability of a firm to influence prices and market conditions in its favor. It involves strategies such as branding, advertising, and product differentiation to gain a competitive edge in the market.

User EthanS
by
8.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.