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Agency Law
A body of law concerning the relationship where one party (the agent) is authorized to act on behalf of another (the principal) in dealings with third parties.
Output Controls
Management practices that focus on the results of organizational activities, such as performance measures and goals, to oversee operations.
Desired Targets
Specific goals or outcomes that an individual or organization aims to achieve.
Predetermined Limits
Constraints or boundaries that are set in advance, defining the permissible scope of actions or the extent of an activity or process.
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