Delegation is assigning responsibility to others, empowering them to act within prescribed boundaries.
The person or entity that provides something to a company. Typically, a primary supplier provides a substantial portion of a company’s needs and has an ongoing relationship with that company.
Private Equity is an asset class consisting of equity securities and debt in operating companies not publicly traded on a stock exchange.
A model of collaboration in which the source code of a software product is made available to the public, allowing anyone to use, modify, and distribute the software.