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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 ?
Tests of functional mobility and dynamic postural control, both HSEBT reaches and composite scores, did not correlate with throwing velocity.
No association between static and dynamic postural control and ACL injury risk among female elite handball and football players: A prospective study of 838 players.
Postural control, muscle function and psychological factors in rheumatoid arthritis.
Force plate and accelerometer measures for evaluating the effect of muscle fatigue on postural control during one-legged stance.
Visual balance regarding target tracking is one of the most important sensory inputs regarding postural control. (Peters, 2007)
Neck muscle fatigue and postural control in patients with whiplash injury.
Force platform measures for evaluating postural control: reliability and validity.
Clark et al., 2010; Scaglioni-Solano & Aragon-Vargas, 2014), and has been used to assess seated postural control in people with severe knee osteoarthritis (Pua et al., 2013).
In search of comparison of body balance between children with typical development and children with hearing disabilities (DA), users and non-users of CI, by means of the force platform, there was a tendency for children with DA have greater difficulty of postural control in upright quiet position, when compared with listeners.
In this sense, some studies have investigated the effect of somatosensory information on postural control [13-16].
To our knowledge, only one study investigated the residual acute effects of a single session of WBV in postural control in the elderly [16].
Deficits in postural control mechanisms are a key contributor to instability.