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What Permits Quick Response to Change, Prevents Panic in Crisis

question 84

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What permits quick response to change, prevents panic in crisis situations, and makes managers more adaptable.


Definitions:

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.

Independent Contractor

One who contracts to do a job and who retains complete control over the methods employed to obtain completion.

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