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Once an organization has been divided to separate divisions and units, each subunit becomes subject to its own interests, goals, and environmental demands, which will often lead the unit to develop and pursue its own strategies rather than implement those of the firm as a whole.
Bailment
A legal relationship in common law where physical possession of personal property is transferred from one person (the bailor) to another (the bailee) who temporarily holds it under an agreement.
Theater Manager
A professional responsible for overseeing the daily operations of a theater, including scheduling performances, managing staff, and ensuring the theater's financial viability.
Physical Possession
The direct, physical control or holding of an object or property by an individual or entity.
Bill of Lading
A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being transported.
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