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What is the definition of 'delegation'?

  1. A legal contract

  2. A group of representatives

  3. A decision-making process

  4. A financial transaction

The correct answer is: A group of representatives

The correct answer, which defines 'delegation,' is characterized as a group of representatives. Delegation refers to the process by which tasks or responsibilities are assigned to others, often within a management or leadership context. This allows individuals to appoint representatives or delegates who can act on their behalf, making decisions or taking actions as needed. In a legal or corporate framework, delegation is crucial for effective governance and management, as it helps distribute workload and allows for more specialized focus on specific tasks. This concept is often seen in contexts such as legislative bodies, where representatives are delegated authority to make decisions on behalf of their constituents. The other options do not capture the essence of delegation. A legal contract refers to an agreement enforceable by law, while a decision-making process relates more to the methods of making choices rather than delegating authority. A financial transaction pertains to the exchange of money or financial instruments, which does not relate to the concept of delegation as it is understood in governance or management contexts.