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One disadvantage of direct investment when entering a new global market is
Control Equation
Need for Action = Desired Performance - Actual Performance.
Control Process
A systematic approach to managing and monitoring activities to ensure they meet the goals and standards of the organization.
Market Control
The ability of a single entity or a few entities to significantly influence the conditions or terms in a particular market.
Input Standards
Pre-defined criteria or benchmarks used to measure the quality, quantity, or timeliness of inputs in a production or manufacturing process.
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