68. The optimal solution, for a group or society, is achieved when the entire group is made
better off up to the point where no further improvement can be made without making one
person worse off in order to make another person better off. This idea is called..?
69. Planning is required for determining a desired state. Thus, planning is important in
achieving..?
70. The feedback cycle (loop), or process of control, requires only..?
71. Increasing the frequency of the feedback cycle will..?
72. In terms of Control Theory, in controlling the performance of the firm, financial statements represent a critical element referred to as the. 73. If ROA is and the cost of Debt is, increasing the leverage ratio from 1.5 to 2.0 will?
74. The value of the firm is:
75. When price exists, price is
?
76. In general, what is the impact on the breakeven point caused by changing your overall
payroll/compensation system..?
77. Which of the following is a risk-adjusted measure of firm performance..?
78. All else equal, a firm with a Beta will have a(n) cost of capital.
79. When interest rates , the firms cost of capital will , and the value of the firm will . 80. If a manager wants to change the firms Beta, she will.
81. When setting financial targets for your annual business plan, which of the following
groups of targets will improve your ROA..?
82. With Differentiation competitive advantage, the firm controls price..?
83. Consumer surplus lost is the cost to society for..?
84. Under competitive advantage strategy, how many competitors must you beat
on price in order to earn a profit?
85. How does your profit affect the price in Advantage?
86. Why is Low Cost leadership the wrong goal?
87. David Ricardos Rent Theory explains why the price of commodities is
?
