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James Q.Wilson commented that discretion increases as one moves down the organizational hierarchy.
Management Team
A group of individuals at the top level of an organization who are responsible for making strategic decisions and overseeing the company's operations.
Business Plan
A detailed document outlining the goals, strategies, financial projections, and operational framework for a new or existing business.
Business Planning Process
A formal strategy to set goals, determine the resources needed to achieve these goals, and outline the plan for executing the activities.
Budgets
Estimates of income and expenditure for a set period of time, serving as a financial plan for individuals or organizations.
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