Examlex
_____ occurs when there is professionalization of work such that managers in different organizations adopt similar values and working methods that are similar to each other.
Principal Had Dealt
A legal principle indicating acts or decisions made by an agent are legally binding on the principle if the agent acts within their authority.
Agent's Functioning
The actions carried out by an agent on behalf of a principal in the course of their agency relationship.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when in a position of trust, such as between a trustee and the beneficiaries.
Act On Behalf
To take actions or make decisions as a representative or agent for another person or entity.
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