Difference between Power and Control

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September 22, 2016 at 7:38 pm #341404
Arun
Member
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Hi,

In the context of consolidation what is the difference between power and control?

Thanks.
September 23, 2016 at 2:03 pm #341447
P2-D2
Keymaster
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Hi,

Control is the power to direct the operating and financing decisions within a business. Having the power is saying that you have the ability to do something, so here the ability to direct.

Thanks
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