Smaller groups of delegates from a larger main group.

A Syndicate is a self-organised group of individuals or companies established to conduct specific business, or to advertise a mutual interest. A syndicate group is commonly formed when individuals would be unable or adverse to move forward alone. A syndicate may be regarded as a partnership or business organisation for tax purposes.

See also:
Business Strategy
Corporate Stratgey
Corporate governance
Cost-benefit analysis
Organic growth/development
Tactical planning