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_____ Is the Process of Giving Authority to a Person

question 81

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_____ is the process of giving authority to a person or group to make decisions in a specified sphere of activity.


Definitions:

Transfer Price

Transfer Price is the price at which divisions of a company transact with each other, such as the trade of supplies or labor between departments.

Provided Services

The delivery of intangible activities or benefits performed by one party for another, often tailored to the customer's needs.

Participation

The action of taking part or being involved in an activity or event.

Empowerment

The practice of giving employees the authority, tools, and responsibility to make decisions and contribute to the company's success.

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