Examlex
How did the attitude toward business change during the modern era?
Implied Authority
The power or right assumed to be held by a person in a position of leadership or responsibility, based on the role rather than explicitly stated.
Maverick Buyers
Individuals within an organization who make unauthorized purchases outside of agreed contracts or procurement policies, often leading to inefficiencies and increased costs.
Apparent Authority
This refers to a situation where someone seems to have the power to act on behalf of a business or an organization, even if they haven't been officially given this authority.
Advertisements
Paid messages intended to inform or persuade potential customers about products, services, or ideas.
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