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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 ?
If competing stimulus control is a possible explanation for Eq-Eq failures, perhaps additional training or testing phases could improve the performance in Eq-Eq relations in adults by diminishing stimulus control from extraneous sources and / or facilitating the discrimination of the relevant sources of stimulus control.
Finally, CBT-I--although simple in concept--can be difficult to employ, particularly the behavioral components of stimulus control and sleep restriction.
That is we assessed, and then conditioned the reinforcer for stimulus control of print stimuli over observing responses.
Two techniques in behavior modification that have brought about the most success in adherence have been behavior contracting and stimulus control (Owen & Sallis, 1999).
* Stimulus control: limits sleep-incompatible behaviors that may become associated with bed.
A discussion is also included on motivational interviewing; brand switching; withdrawal management; stimulus control; aversion procedures; social support; stress management; exercise; and relapse prevention representing uni-modal non-hypnotic treatments.
The purposes of the workshops were (a) to describe teaching procedures, based on recent stimulus control research, that had resulted in more effective instruction for students with severe and moderate disabilities (see Table 1); (b) to demonstrate how these procedures could be integrated into group instruction in the classroom; and (c) to train teachers to use the TDM, which had been shown to be effective in teaching functional discriminations during one-to-one instruction (Karsh et al., 1990; Repp et al., 1990).
These and other tests demonstrated that stimulus control in these experiments could be based not only on an isolated stimulus or stimulus compound, but also on the relation between stimuli.
It covers basic concepts and definitions, the structure of unconditioned behavior, habituation and sensitization, instrumental or operant conditioning, schedules and theories of reinforcement, punishment, avoidance learning, stimulus control of behavior, and other topics.
If this is true, eye movement issues in teaching situations could be the reason for restricted stimulus control problems (Dube et al., 2006; Dube et al., 2010), attention problems (Doran & Holland, 1971) and many other aspects commonly related to failure in the learning process.