Council

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Council is an executive group formed to oversee and coordinate all strategic activities aimed at achieving the strategic plan, which is responsible for executing the strategic business plan and monitoring the key performance indicators.

Definition

According to Macroeconomics by Mankiw (7th edition),

Council. An executive group formed to oversee and coordinate all strategic activities aimed at achieving the strategic plan, which is responsible for executing the strategic business plan and monitoring the key performance indicators.
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