Examlex
Leaders must be _____; they must be able to spot the need for change and convince others of this need.
Authorized Expenditure
An approved expense deemed necessary and reasonable for the operation or management of a business or organization.
Express Authority
The power granted to an agent or representative by clear and explicit instructions from the principal.
Conflict of Interest
A situation in which a person's personal interests could potentially influence their professional duties or decisions.
Double Role
When an individual or entity assumes two separate and distinct positions or functions simultaneously, potentially leading to conflicts of interest or the need for balanced management.
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