The Person from Whom an Agent Has Received Instruction and Authorization

question 32

Short Answer

The person from whom an agent has received instruction and authorization and to whose benefit the agent is expected to perform and make decisions pursuant to an agency relationship is called the _______.

---

Definitions:

Strategic Plans

Strategic plans are long-term, high-level plans made by an organization to achieve specific goals, outlining the organization's mission, vision, and how it will differentiate itself from competitors.

Incremental Plans

Planning methodology that involves making small or minor updates or changes instead of large, comprehensive shifts.

Tactical Plans

Short-term actions and strategies designed to achieve specific parts of a company's overall strategic plan.