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Market control is control based on the use of pricing mechanisms and economic information to regulate activities within organizations.

True
False

asked
User Koryu
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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.

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User EthanS
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