Examlex
Futures contracts contrast with forward contracts by:
Opportunity Situation
Refers to a set of circumstances that presents a chance for an individual or organization to achieve a specific goal or benefit.
Management By Exception
A management strategy where managers intervene only when performance deviates significantly from set standards.
Control Process
The control process is an essential part of management that involves monitoring performance, comparing it with goals, and taking corrective action as needed.
Performance Objectives
Specific goals that individuals or teams strive to achieve, often set to measure and improve effectiveness and efficiency.
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