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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 ?
Release profiles were tuned by controllably altering the crystallinity ([beta]-sheet content) of the coating layer.
Zhang said that the gold nanorods they used are inherently red, which dictates the initial tag colour and silver chloride and vitamin C are also in the tags, reacting slowly and controllably.
Urea [carbonyl diamine] and metalaxyl [methyl N-(2,6-dimethylphenyl) -N-(2-methoxyacetyl) alaninate] were used as model fertilizer and pesticide molecules, respectively, to study the ability of MMT to store and controllably release agrochemical molecules.
Cheung, "Deep brain stimulation in area LC controllably triggers auditory phantom percepts," Neurosurgery, vol.
The cathode substrate and graphite anode were dipped into the electrolyte solution about 1 cm deep below solution level controllably. Adjustment distance between electrode and counter electrode is 2 cm.
"To have them controllably talking to one another -- that would address the last big remaining challenge," Simmons said.
In a word, the surface plasmon wave presented here may have four attractive features: i) surface plasmon wave amplification by an incoherent pumping field; ii) surface plasmon wave at terahertz frequencies; iii) surface plasmon wave sensitive to dispersion; iv) surface plasmon wave controllably manipulated by external optical fields.
If you reach a point where you are beginning to lose it, back off and keep working at a slightly lesser level until you can move on up comfortably and controllably. Recoil control is all in the mind.
Love is the co-inventor of the "gravity tractor," a method to controllably modify the orbits of hazardous asteroids.
The SAMMS sorbent can capture carbon dioxde directly from the atmosphere and then release it controllably and on demand when a modest amount of heat and/or vacuum is applied.
* Pathways for graceful, controlled reductions in function: Whether the capabilities of an installation or operation can be reduced gradually and controllably to avoid the overwhelming effects of an unconstrained failure.
Srivastava, "Controllably mobile infrastructure for low energy embedded networks," IEEE Transactions on Mobile Computing, vol.

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