Agency
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Chapter 2 - EGM
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Understanding Agency
Agency refers to the ability of an individual or organisation to act independently and make decisions.
- It describes the capacity of an agent to exert control over its environment and shape it according to its goals and objectives.
- It refers to the capacity of an 'agent' (such as a person or a business ) to choose among different courses of action to achieve an objective.
- It describes an agent's autonomy and the degree to which it can make decisions and take steps without external influence or control.
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