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


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


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
References in periodicals archive ?
Skidmore provides students with condoms and encourages them to "make their own decisions" about the kind of birth control they want to use.
The Vatican's ban on birth control smacks up sharply against a core American value of personal freedom, and as our questions on access indicate, it goes against Catholic Americans' overriding values of equality and social justice.
Yet in the United States today, we seem bound and determined to make birth control harder to get for some women.
Justice Samuel Alito talked about the possibility that HHS could find a better way to help all consumers get birth control benefits while eliminating the need for religious employers to send in opt-out notices.
But, the Hobby Lobby decision did change something pretty significant: it expanded the number of employers that can refuse to provide coverage for birth control due to a religious objection.
Nazan Moroy-lu, the president of the ystanbul Association of Women's Foundations (yKBB), said in a statement on Tuesday that family planning and birth control is a human right for a woman from a health perspective.
In an updated policy, the American Academy of Pediatrics says condoms also should be used every time teens have sex, to provide protection against sexually transmitted diseases that other forms of birth control don't provide, and to boost chances of preventing pregnancy.
Birth control doesn't fall from the sky like manna from heaven; it must be produced, and it costs money.
So you've decided to use birth control pills for contraception, but all the choices seem confusing.
The report also stated that the company has reached agreements to pay $1 billion to settle 4,800 claims that the birth control pills cause blood clots.
Zorea, BIRTH CONTROL. Santa Barbara, CA: ABC-CLIO/Greenwood, 2012.