Control

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Control

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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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Epidemiologists from Europe and the United Arab Emirates have updated their guide with two new chapters on public health structures for infectious disease control at the European Union and international levels, and evaluations of responses to the 2009 influenza pandemic.
* Centers for Disease Control and Prevention, Atlanta, Georgia, USA; [dagger] University of Minnesota, Minneapolis, Minnesota, USA; [double dagger] University of California, Davis, Davis, California, USA; [section] Swiss Tropical Institute, Basel, Switzerland; and [pharagrah]Food and Agricultural Organization of the United Nations, Rome, Italy
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(1.) Centers for Disease Control and Prevention (CDC), Trends in Sexually Transmitted Diseases in the United States, 2004, Atlanta: CDC, 2005.
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Centers for Disease Control and Prevention, (800)311-3435, www.cdc.gov.
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