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Managerial Control definition

Managerial Control means, as to any Person, the power, directly or indirectly, to direct or cause the direction of the management or policies of such Person, whether through the ability to exercise voting power, by contract or otherwise.
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Managerial Control means as defined by MDOT, that a disadvantaged or minority owner(s) has the demonstrable ability to make independent and unilateral business decisions needed to guide the future and destiny of a business. Control may be demonstrated as detailed below:
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Managerial Control means control exercised over an investment firm by the management body and senior managers;
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Examples of Managerial Control in a sentence

  • Rai, Growing Pains in the Administrative State: The Patent Office’s Troubled Quest for Managerial Control, 157 U.

  • Rai, Growing Pains in the Administrative State: The Patent Office's Troubled Quest for Managerial Control, 157 U.

  • Managerial Control means having the power, directly or indirectly, to influence or direct operation of the skilled nursing facility.

  • Corporate Planning; Environment Analysis and Diagnosis; Strategy Formulation.Unit-III Direction: Concept and Techniques, Managerial Control- Concept and Process, Effective Control System.

  • UNIT- V Managerial Control: Concept and Process; Effective control system; Techniques of control – traditional and modern.

  • Coordination- meaning, importance & Techniques of Co-ordination.UNIT- 7: - 10 hours Control- Meaning and steps in controlling, Concept of Managerial Control, Importance, Process, Essentials of a sound control system, Methods of establishing Control.UNIT -8:- 10 hours Communication- Meaning & Role of Communication, importance, Communication process, levels of Communication, forms, models and media of Communications, Verbal and non-verbal Communication-functions and types.

  • Managerial Control • The Committee takes opinions of the management and related parties on the identification of areas that may constitute managerial risks and vulnerabilities and plans on the issue of overcoming the deficiencies.

  • Evaluation Criteria Key Comments / Observations Alignment of Staffing / Managerial Control criteria such as:• Span of control is “appropriate”• Decision making at line level where possible• Roles and responsibilities are clearly defined• Distinction of roles among staff are clear• Management systems support structure Village Clerk:• No issues with span of control.• Appropriate delineation of roles and responsibilities among staff of the Office and between this Office and other Departments.

  • Alignment of Staffing / Managerial Control criteria such as:• Span of control is “appropriate”• Decision making at line level where possible• Roles and responsibilities are clearly defined• Distinction of roles among staff are clear• Management systems support structure • Spans of control are generally within standard levels for public works functions.• Staff roles and responsibilities are clear and distinct among staff.• Management systems are lacking for planning, organizing and tracking work activities.

  • Active Managerial Control is now considered the key food safety plan for a retail operation.


More Definitions of Managerial Control

Managerial Control means having a position with a business that allows the individual to have control in managing the finances of the business, including but not limited to, determining fees and costs that the entity will charge for products or services offered by the business.
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Managerial Control means the ability, regardless of title, to directly manage the finances, strategic initiatives, and personnel of a pharmacy or pharmaceutical facility, including:
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Managerial Control means the ability, regardless of title, to directly manage the finances, strategic initiatives, and personnel of a pharmacy or pharmaceutical facility, including but not limited to, determining fees and costs charged for products or services offered by pharmacy or pharmaceutical facility, the hiring, firing, or promotion of any personnel, including the PIC, and any changes to the location or name of the pharmacy or pharmaceutical facility.
Sample 1
Managerial Control means: (a) ownership interests representing more than fifty percent (50%) of the voting, appointment or designation power for the selection of: i. a majority of the board of directors or trustees, if the entity is a corporation; ii. the management committee members, if the entity is a joint venture; or iii. the members of the management board, if the entity is a limited liability company. (b) having the right, pursuant to a written contract, or the by-laws, charter, operating agreement or similar organizational documents, to elect, appoint or designate: i. a majority of the board of directors or trustees, if the entity is a corporation; ii. the management committee members, if the entity is a joint venture; or iii. the members of the management board, if the entity is a limited liability company. (c) possessing at least fifty percent (50%) ownership interest of a joint venture entity and solely controlling the management and operations of such joint venture entity, pursuant to a written joint venture agreement; (d) being the exclusive sponsor, if the entity is a charitable trust or foundation; or (e) being the only general partner of an entity.
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Managerial Control means the applicant makes independent and unilateral business decisions needed to guide the future and destiny of the business. Such control includes but is not limited to the following:
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Related to Managerial Control

  • Key Managerial Personnel (KMP) means

  • Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.

  • Key Managerial Personnel (KMP) means Key Managerial Personnel as defined in sub-section (51) of section 2 of the Companies Act, 2013 i.e.-

  • Senior Managerial Personnel means the personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management of rank equivalent to General Manager and above, including all functional heads.

  • Key Managerial Person means person as defined in Section 2(51) of the Companies Act, 2013

  • Internal control means a process effected by an entity's governing board, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • High managerial agent means an officer of a nursing facility, the administrator and assistant administrator of the nursing facility, the director and assistant director of nursing services, or any other agent in a position of comparable authority with respect to the formulation of policies of the nursing facility or the supervision in a managerial capacity of subordinate employees.

  • Joint Control means a situation where a company has multiple promoters (but none of the shareholders has more than 50% of voting rights and paid up share capital).

  • Business Relationship Strength for the purpose of this RFP shall mean the definition and commitment of the respondent towards a mutually successful “relationship” between the selected contractor and HCC for the duration of the contract. Respondent’s Statement of Qualification must include their definition, proposal and commitment to forge, foster and maintain a mutually successful “relationship” with HCC. At a minimum, your response must include:

  • Senior Management Personnel means personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management one level below the executive directors, including all functional heads.

  • Company Control Person means each director, executive officer, promoter, and such other Persons as may be deemed in control of the Company pursuant to Rule 405 under the 1933 Act or Section 20 of the 1934 Act (as defined below).

  • substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • Business Relation means any current or prospective client, customer, licensee, or other business relation of the Company Group, or any such relation that was a client, customer, licensee, supplier, or other business relation within the six (6) month period prior to the expiration of the Employment Period, in each case, to whom I provided services, or with whom I transacted business, or whose identity became known to me in connection with my relationship with or employment by the Company.

  • Proprietary Controls means easements or covenants running with the land that (a) limit land, water, or other resource use and/or provide access rights and (b) are created pursuant to common law or statutory law by an instrument that is recorded in the appropriate land records office.

  • Ministerial Council means the Ministerial Council established by Part III.

  • Medical control means a person who provides medical supervision to an emergency medical service provider.

  • Control Affiliate of a Person means (a) any other Person directly or indirectly owning, controlling, or holding with power to vote, greater than 50% of the outstanding voting securities of such Person, (b) any other Person greater than 50% of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by such Person, or (c) any Person directly or indirectly controlling, controlled by, or under common control with, such other Person. For purposes of this defined term, “control” means the power to exercise a controlling influence over the management or policies of a company, and “controlling” and “controlled” shall have correlative meanings.

  • Consulting means the application of scientific principles and procedures in counseling and human development to provide assistance in understanding and solving current or potential problems that the client may have in relation to a third party, individuals, groups, and organizations.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Borrower’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Institutional control means the continued surveillance, monitoring, and care of the disposal site after site closure and stabilization to insure the protection of the public health, safety, and welfare, and the

  • City Managerial Employee means the City Manager, the Assistant City Manager, the City Clerk, and any City department head or director. In the event CONTRACTOR violates the provisions of this paragraph, CONTRACTOR shall be required to pay damages to OWNER in an amount equal to any and all compensation which is received by the former Elected Officer or City Managerial Employee of OWNER from or on behalf of the contracting person or entity, or an amount equal to the former Elected Officer's or City Managerial Employee's last two (2) years of gross compensation from OWNER, whichever is greater.

Most Referenced Clauses

Most Referenced Definitions