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____________ Is the Process of Assigning Responsibility and Authority for Accomplishing

question 88

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____________ is the process of assigning responsibility and authority for accomplishing objectives


Definitions:

Capacity

The maximum amount that something can contain or produce; in a business context, it often refers to the maximum output or production ability.

Collateral

An asset that a borrower offers to a lender as security for a loan.

Capital

Refers to financial assets, including funds held in deposit accounts and investments, but can broadly include anything that can enhance a person’s or entity’s ability to generate value.

Character

In finance, part of credit analysis that evaluates a borrower's reputation or track record in repaying debts.

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