Noise can play a constructive role in nature and various engineering systems. Over the past four decades, noise-induced stochastic resonances (SRs) have been extensively documented, showing enhancement in system performance. Additionally, inverse SR has been observed in various systems. Typically, these resonances were studied independently. A transition between these resonances was recently observed in an alternating current-driven liquid–crystal electroconvection (EC) system using combined amplitude and phase noises. This study uses internal (material) and external (noise) parameters to demonstrate the control of this transition. Specifically, the nonmonotonic threshold voltage behavior of the EC system, indicative of the resonances, was numerically examined using additional parameters. Experimental tests were conducted to confirm the effects of these parameters. The findings reveal that the transition between these resonances can be systematically controlled to meet specific needs, whether desirable or undesirable system performances. Notably, this study illustrates how to modify the behavior of both resonances in colored noise by adjusting its cutoff frequency and steepness and phase noise, which is often overlooked. Moreover, this study provides valuable insights for various noise-related applications.