Control
Categories: Company Management
This should be the name of the mysterious head of some super-secret, government trouble-shooting team, a la the Mission Impossible team, as in “Control, this is Golden Condor. Mission gone sideways. Request backup.”
It’s really the name for the procedures and preventatives we put in place when we run an experiment to make sure our results actually show that a change in one variable caused a change in another...instead of some other variable we didn’t account for muddling the results.
Controls can be things like single- and double-blinding (which limit who’s getting what treatment in an experiment), control groups (which are groups that get no treatment while other groups get the fancy new pills, so we can be sure it’s the pills and not just random luck that everyone’s ear hair fell out), and careful measurement (which prevents bad data collection). Putting proper controls in place at all phases of the experiment means our results are that much more meaningful and reliable.
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Finance: What is Control Value?15 Views
Finance allah shmoop what is control value dance on a
fifty shades thing Well there's a partnership a semi evil
one there was once a tv siri's It was exorbitantly
expensive to produce but everyone wanted to make it So
it ended up being made not by one studio but
by three viacom paramount disney and then news corp fox
Before it was disney news corp fox well each of
the three partners put in a third of the money
and split all the money distributions equally The problem on
the show ended up being hugely successful when it ran
for the first time on network tv so that was
great but now it's in reruns and because all three
competitors generally hate each other he's financially if their job
too none are willing to run the show a lot
on their cable network or broadcast network because then they
generate revenues for their hated competitors so they don't run
the tv series even though people want to see it
And this is a big fat bummer to the actors
writers and producers of the show who were banking on
rerun royalties to pay for their divorces if one of
the studios owned the siri's I'ii controlled it let's call
that siri's sunlight ing well then the siri's would heir
a ton more and presumably generate a ton more desperately
needed revenues What do you think divorce lawyers work for
free Well the control value of owning that asset then
is huge because if it were owned by one player
well then that player could run it again and again
and again and again on their network like think big
bang on tbs and then monetize that asset and massively
so there's Incremental control value with the well controlling a
property And yet it's not to be confused with remote
control value which is about a buck twenty five on 00:01:51.209 --> [endTime] ebay