Describe market control?
Chapter17: Organizational Planning And Controlling
Section: Chapter Questions
Problem 8CRQ: Distinguish between cybernetic and noncybernetic control and between pre, concurrent, and postaction...
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Describe market control?
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Market control:
Market control is an attempt made by the government or even private organizations to control some aspects of the market to achieve some specific economic or political goals. This is done through deliberate manipulation of various activities such as demand, supply, pricing, taxation, and even transportation of the goods in the market. Market manipulation is one of the common occurrences in online trading, stock market, and so on. Apart from this, this can be seen in traditional markets also.
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