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When group cohesiveness is low, managers can often increase it by encouraging groups to develop their own identities and engage in healthy competition.
Authority
The power or right to make decisions, give orders, and enforce obedience.
Principal
The main party to a transaction, such as the owner of a business, or the amount of money loaned or invested, excluding interest or profits.
Power of Attorney
A legal document authorizing one person to act on another's behalf in legal or financial matters.
Equal Dignity Rule
A rule requiring that contracts that would normally fall under the statute of frauds and need a writing if negotiated by the principal must be in writing even if negotiated by an agent.
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