Control

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Control

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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 ?
Control factor F which is related to wire diameter of the wick material has a low S/N ratio for the selected range of levels.
0], diameter of cushion hole, and diameter of plunger were selected as control factors to analyze the influence of structure parameters on the cushion performance and their levels are listed in Table 3.
In terms of reliability, the Control factor performed poorly in terms of internal consistency and test-retest reliability, although in terms of predictive validity the Control factor predicted 3 of the 4 outcome factors.
2]--the value of the response variable at the high level of the control factor in question
That is a crucial part of his play now - the control factor," said England skipper Michael Vaughan.
On the basis of the terms of the union agreement between IBC and Local 952, and the other aspects of the petitioner's relationship with IBC, the control factor indicates an employer-employee relationship.
It confirms the importance of Fas ligand" and identifies a control factor for the molecule's production in trophoblasts, he adds.
There's a time factor, a space factor, a geographical factor -- and a control factor.
1) Find the control factor which is a factor with the significant effect on MRSN.
Next, in parameter design, designers start with the lowest possible cost and try to determine the best settings for each control factor to minimize the sensitivity to noises.