Examlex
Most human resources issues have little relevance for line managers.
Agency Relationship
A legal arrangement where one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions or other matters.
Power
The ability or capacity of an individual or group to influence or control the behavior of others or the course of events.
Business Operations
Business operations encompass the day-to-day activities a company engages in to run and achieve its objectives, including production, marketing, and management.
Principal
The original sum of money invested or loaned, before interest.
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