From Longman Business Dictionarymanagement controlˈmanagement conˌtrolCOMMERCE1[uncountable] the ability of managers to make an organization work as they want it to, and the methods that they useThe firm’s failures included poor record-keeping and weak management control systems.2[uncountable] the power that someone has to manage a company as they wish, for example because they own more shares in it than anyone elseGillette will have management control and a 65% equity stake in the venture. → control