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-If opens in Figure 6-2,
Market Control
The ability of a company to influence or regulate the market in its favor, often through dominating supply, prices, or competition.
Corrective Action
Measures taken to identify, eliminate, and prevent the recurrence of adverse or undesirable performance in a system, process, or product.
Control Process
is the method by which management ensures that organizational activities are aligned with set standards, plans, and goals, typically involving measurement, comparison, and action.
Establish Performance Objectives
The process of setting specific, measurable, achievable, relevant, and time-bound goals for employees or teams.
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