Examlex
Large-caps,mid-caps,and small-caps refer to the size of the firm issuing the stock,more specifically,to its
Delegation
The process of assigning responsibility and authority to someone else in order to complete a clearly defined task while retaining accountability for the outcome.
Accountability
The requirement to show performance results to a supervisor.
Obligation
A duty or commitment that an individual or organization is bound to fulfill, often due to legal, moral, or social reasons.
Centralized
A system or organization structure where decision-making authority is concentrated at a single point, usually at the top hierarchical level.
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