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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.


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 ?
CMCCs assist in the allocation of available lift assets, coordinate with adjacent ROK Army CMCCs to regulate movements, and report to movement control elements at the ESC and U.
The two defence ministers also agreed upon the need to exchange Bulgarian and Romanian military personnel as well as sharing experience in the implementation of command and control elements under the plan, the Defence Ministry in Sofia said in a statement.
We found that in the zebrafish, the mouse Hoxd13 control element was capable of driving gene expression in the distal fin rudiment.
First, the standard not only expands the number of quality control elements to six, it also includes far more detailed guidance than the earlier standards.
Control elements such as switches, display and the LED may be arranged on the front panel.
Two Tactical Airlift Control Elements (TALCEs) have been positioned to coordinate the arrival of follow-on relief supplies, along with a communications battalion, a survey team, two CH-46 helicopters, six HH-60 helicopters, and sundry relief supplies.
The systems offer secure protection for CRTs, flat panel displays, keyboards or other control elements, as well as creating optimum ergonomic conditions for operating personnel.
It uses "output-controlled cooling-air blowers" without any mechanical control elements.
Within the smart SIS, the transmitters are integrated with safety-certified final control elements and safety systems in unique, digital intelligent safety loops that enable users to implement safer plants.
All valve control elements, such as solenoids, positioners and relays, are tested without full valve closure.
PlantWeb Smart SIS solutions use digital intelligence and automated proof testing, including partial valve stroking, to enable continuous and on-demand diagnosing of safety loop sensors, logic solvers and final control elements to ensure they perform on demand.
Special operations command and control elements are formed around an existing table of organization and equipment, such as a Special Forces company headquarters.