Control

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Control

50% of the outstanding votes plus one vote.

Control

Half plus one of ownership of a company. Control gives the person or group having it the ability to make all decisions on how the company operates. In a publicly-traded company, control comes from buying more than half of the common stock.

control

the process of ensuring that activities are carried out as intended. Control involves monitoring aspects of performance and taking corrective action where necessary. For instance, control of expenditure involves regular monitoring of expenditure figures, comparison of these with budget targets, and decisions to cut or increase expenditure where any discrepancy is believed to be harmful. Without control an ORGANIZATION cannot function: employees would go their own way (possibly with the best of intentions) and the organization would fragment, making COORDINATION impossible. Control can, therefore, be viewed as a central component of MANAGEMENT.

Some writers in the SOCIOLOGY OF WORK have argued that, since (in their view) employers' and employees' interests are opposed, control of labour is the main task of management. Without it, workers would behave in a way which is detrimental to managerial goals. Research has shown, however, that many managers attach more importance to other managerial functions (such as budgeting), whilst it is questionable whether employees would necessarily act in the way suggested. See ORGANIZATIONAL ANALYSIS.

References in periodicals archive ?
Did a new controlled participant enter into the QCSA and acquire any interest in the covered intangibles?
In Letter Ruling 9236026, a controlled group, comprised of both tax-exempt and nonexempt companies, maintained a qualified pension plan.
355(e) win apply if more than 50% of the voting Power or value of either Distributing or Controlled is acquired by one or more persons as the result of a plan or series of related transactions.
For purposes of this paragraph (b)(3), a financial holding company includes a depository institution controlled by the financial holding company and any subsidiary of such a depository institution.
They also reportedly offer 20-40% lower power consumption, smooth flow passages with reduced shear, and ability to be controlled with a single setpoint.
Moreover, while rents for stabilized and controlled apartments have increased significantly in recent years, they have not increased as much as the cost of maintenance and operations.
Injection unit: Horizontal, reciprocating screw (electronically controlled DFE pump and proportional valve)
Or we might simply avoid contact with the Other by not welcoming it into our tightly controlled existence in the first place.
For over a year now, companies have been documenting their business and financial reporting processes and how those processes are controlled, and then testing those controls.
Modern digital flight control systems use approximations of mathematical equations that result in very high order systems to replicate the natural response of a non-electronically controlled aircraft.
In particular, the Board has considered the number of competitors that would remain in the markets, the relative shares of total deposits in depository institutions in the markets ("market deposits") controlled by BB&T and First Virginia, (10) the concentration level of market deposits and the increase in this level as measured by the Herfindahl--Hirschman Index ("HHI") under the Department of Justice Merger Guidelines ("DOJ Guidelines"), (11) other characteristics of the markets, and commitments made by BB&T to divest certain branches.
Thus, although the MDRTB and drug-sensitive TB outbreaks in the United States and Europe have largely been controlled, the consequences of these outbreaks are still being felt.

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