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 ?
I've developed a modest technique that helps me to keep my controlling nature in check.
BB&T operates the ninth largest depository institution in the market, controlling deposits of $116.
in controlling the corporation, a minority discount may be
Under the rule CPAs currently follow, commonly called the bright-line rule, the condition for a controlling financial interest is ownership of a majority voting interest--unless control is temporary or does not rest with the owner of the majority voting interest.
In Home Control, UEI's Helix universal remote control brings reality to the next generation of convenient home control systems by seamlessly controlling not only a vast array of audio visual devices, but also any Z-wave enabled home environment device allowing consumers to dim the lights, close the curtains and start the movie all with the touch of a button.
As each one of the zones proper heat value is extracted, the valve controlling that zone is turned off to provide additional water flow to zones that still need cooling.
SCSC plans to offer products ranging from high-volume control systems for individual residential windows to fully networked systems capable of controlling large curtainwall structures in skyscrapers.