Examlex
The external control process differs from the internal control in that the external control:
Channels Of Distribution
Paths or routes through which goods and services flow from the producer or supplier to the consumer.
Pricing Constraint
Limitations or factors that affect how a company can price its products or services, such as cost, competition, and demand.
Corporate Social Responsibility
Corporate social responsibility (CSR) involves businesses undertaking initiatives to contribute positively to society and the environment beyond their core economic motives.
Competitive Markets
Markets characterized by the presence of multiple sellers and buyers, leading to a high level of competition and consumer choice.
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