What Is Proxy Control

question 12

Multiple Choice

What is proxy control?

• A)This is a type of control in which one attempts to control the environment as a member of a group,and the group serves as the agent of control
• B)This is a form of control that can be used when personal control,either direct or indirect,is not available or inappropriate
• C)This is a type of control in which one's agency is hidden or downplayed
• D)This is people's attribution of control over their behaviors and relationships as internal or external to themselves

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Definitions:

Open Market

A system where goods, services, and financial instruments are traded freely without restrictions, based on supply and demand forces.

Foreign Competitors

Companies based in one country that compete with those in another country, often affecting market share, pricing strategies, and innovation efforts.

External Environment

The external forces that affect an organization's performance, including economic, technological, socio-cultural, and political factors.

Economic Conditions

Refers to the current state of the economy, characterized by factors like unemployment rates, inflation levels, and GDP growth.