Examlex
Local autonomy should always be granted to distributors because they know the market better than the MNC.
Exercised Option
An exercised option refers to the act of utilizing the right to buy or sell the underlying asset as specified in the options contract.
Terminating Project
Refers to the process of concluding or ending a project before its natural completion, often due to failure to meet objectives, financial constraints, or external factors.
Strategic Option
This refers to choices available to a company that influence its ability to achieve corporate objectives and competitive advantage.
Bid Price
The highest price that a buyer is willing to pay for a security in the financial markets.
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