Examlex
If an agent has authorized his subagent to make a certain contract and this authorization is within the authority granted to the agent by his principal,the principal is bound to the subagent's contract.
Conceptual Skill
The ability to understand complex situations and devise strategic solutions, critical for high-level planning and decision-making.
Organization
A structured group of people who come together to achieve common goals through a coordinated effort.
Manager
A manager is someone responsible for directing and controlling the work and staff of a business, or a part of a business, to achieve set objectives.
Management Functions
The core roles and activities undertaken by managers, including planning, organizing, leading, and controlling, to achieve organizational goals.
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