management control

management control
management control management control control1

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management control UK US noun [U] WORKPLACE, MANAGEMENT
the systems that managers use to make sure that a company or an organization is run in an effective way: »

Some areas addressed by management control systems may include accounting methods and performance measurement.

the fact of a person or group being in charge of a company, etc. because they own it or have more shares than anybody else: »

The family insists that it will retain management control of the company.


Financial and business terms. 2012.

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