The term "trias politica" or "separation of powers" was coined by Charles-Louis de Secondat, baron de La Brède et de Montesquieu, an 18th century French social and political philosopher. ... The intent is to prevent the concentration of power and provide for checks and balances.
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What you should include in your business operating budget. The operating budget is one of two parts of the master budget. The operating budget describes the income-generating activities of the firm, such as sales, production, and finished goods inventory.
the process by which businesses or other organizations develop international influence or start operating on an international scale.