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Well isn't the answer in the question? I'm just giving you a basic answer here. If we're talking about a business, ownership is where someone owns, or has part ownership of a business. The owner has control/part control over the business, depending on the percentage of the business they own. Most of the time, the business owner will hand over or hire someone to take control (depending on the business type/size) this person is called a manager and the manager will make decisions on the owners behalf, that is what a manager is being paid for, to take control, but will generally consult the owner.
If the owner doesn't hire a manager, the owner has control over the business because they are the owner.
There are many different ways this can work but i am just giving you the basic understandings of ownership and control over a business, it can be very complicated but I'm sure Wikipedia will be able to answer your question in much greater detail.
I hope this has helped.
Wiki User
∙ 11y ago
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Does a spouse have to sign the mortgage in a non community state?
Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.
What is the definitionof revenue recognition?
Revenue recognition is including inflows in financial statement when all when ownership and control has been passed to another person and that inflows is probable based on a transaction
Can you get half the equity in your house if your name is not on the deed?
No. If your name is not on the deed then you have no ownership and thus no equity.No. If your name is not on the deed then you have no ownership and thus no equity.No. If your name is not on the deed then you have no ownership and thus no equity.No. If your name is not on the deed then you have no ownership and thus no equity.
The trend in ownership of mass media in the US has been toward?
Greater concentration of ownership
Can the bank require your ex wife to be on the deed of trust?
Yes, if your ex-wife has any ownership interest in the property.Yes, if your ex-wife has any ownership interest in the property.Yes, if your ex-wife has any ownership interest in the property.Yes, if your ex-wife has any ownership interest in the property.
What is Ownership and control in private sector?
nationalize
How did Indian's concept of land ownership differ from the colonists concept of land ownership in changes in the land?
No one owned the land
What changed in Hawaii as a result of agribusiness taking control Hawaii?
Land ownership was taken over mainly by the businesses.
Difference between professional and traditional management?
under Traditional management ownership and management/control stay with the same persons. In Professional management, ownership and management may differ. ex: Take Joint stock companies - Owners are the shareholders whereas the management is taken care by managerial personnel who are professionals
What is meant by the divorce between ownership and control that can occur in public limited companies?
The divorce between ownership and control is when the shareholders (ownership) and the control (agents (board of directors, CEO etc)) have clashing view. Eg when Kraft pledged the bid to take over Cadbury, a majority shareholder named Warren Buffett didn't agree with the boards decision. This is know as 'The Divorce Between Ownership And Control)
Type of economy with private ownership control and profit?
Capitalism. type of profit control?
How does the project audit differ from the performance measurement control system?
How does the project audit differ from the performance measjrement control system
What laws effect ownership of real estate from out of state?
The laws of real property and probate in the state where the property is located control ownership.
What NTFS permission allows you to take ownership of a folder on an NTFS volume?
Full Control is the only permission that allows "Take Ownership".
What is meant by privatization?
changing something from state to private ownership or control.
What does ownership of one's body mean?
That you have control over your bodily functions.
What is the private ownership of businesses and control over resources?
pure capitalism
