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One of the best attributes of Francois in the eyes of his employees is that he gives them the authority to carry out specific duties; this allows the employees to make some decisions on their own.This is known as
Specifications
Detailed descriptions or guidelines defining requirements, dimensions, materials, or performance criteria for projects, products, or services.
Comply
To act according to an order, set of rules, or request.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Balloons
Financial term referring to a lump-sum payment due at the end of a loan term or payment plan, typically much larger than the preceding installments.
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