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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 ?
Hemorrhage control is accomplished by laparotomy where intra-abdominal bleeding is present.
We believe that hemorrhage control should become the trauma equivalent of the citizen CPR" (Pons et al., 2015).
Reassess all previous efforts at hemorrhage control, and assess for shock.
Because hematoma expansion is an independent risk factor for poor outcome and high mortality, timely hemorrhage control is desirable.
Emergency Medical Technicians function as part of a comprehensive EMS response, under medical oversight, trained in airway management, communications, documentation, general pharmacology, hemorrhage control, ambulance operations, and splinting of adult, pediatric, and infant patients; and special care of patients exposed to heat, cold, radiation, or contagious disease.
To expedite hemorrhage control, I have devised the tonsil lolly.
The ultimate goal is for an FDP product to be incorporated into several types of bandages that will aid in the hemorrhage control and wound healing process for injured soldiers.
It can be applied quickly and easily by an injured soldier or non-medical personnel for immediate hemorrhage control. It saves time in an emergency situation where every second is crucial."
The new kits have advanced hemorrhage control and burn-treatment capabilities, he said.
Each squad carries a SKED[R] or Talon[R] litter for evacuation, and every Soldier carries a hemorrhage control kit.
FRIDAY, May 11, 2018 (HealthDay News) -- Hemorrhage control training for laypersons is the most efficacious method for controlling hemorrhaging, according to a study published online May 9 in JAMA Surgery.