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 ?
A financial holding company may own, control or hold any interest in a private equity fund under this subpart and any interest in a portfolio company that is owned or controlled by a private equity fund in which the financial holding company owns or controls any interest under this subpart for the duration of the fund, up to a maximum of 15 years.
355(e) win apply if more than 50% of the voting Power or value of either Distributing or Controlled is acquired by one or more persons as the result of a plan or series of related transactions.
Any two or more entities, controlled or uncontrolled,(10) may enter into a CSA.
Small press-mounted feeders suited for controlled metering of color, modifiers, antioxidants, etc.
Standard features: NC4 control, electronically controlled DFE pump and proportional valve for injection.
For a teacher who is susceptible to that controlling impulse, the inadequacies or inconsistencies in student writing have the power to obliterate a safe, orderly, utterly controlled world.
The simulator was relatively easy to PIO and many of the runs resulted in a departure from controlled flight.
Based on a review of their activities, the Board has concluded that deposits controlled by these institutions should be weighted at 100 percent in considering the proposal's competitive effects.
TB was controlled in hospitals by implementing numerous control measures within a few months, in addition to improving staff awareness and concern (5,15).
A transaction between a parent and a controlled entity amounts to self-dealing.
Any change in stock ownership that occurred soon after the distribution of Controlled was taken into account and could prevent the control requirement from being satisfied; see Rev.
Pattern dimensions obviously play a major role in determining final casting dimensions and must therefore be carefully controlled.

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