What is an accurate statement about market control


Problem: What is an accurate statement about market control?

  • It assumes that the interests of the organization and individuals naturally diverge.
  • It is based on the idea that employees may share the values, expectations, and goals of the organization and act in accordance with them.
  • It includes such items as budgets, statistical reports, and performance appraisals.
  • It uses prices, competition, and exchange relationships to regulate activities.
  • It refers to the use of rules, standards, regulations, hierarchy and legitimate authority to guide performance.

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