management controlnoun [ U ]
ukusWORKPLACE, MANAGEMENTthe 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.