He task of top executives in making corrective adjustments includes thoroughly analyzing the situation and exercising good business judgment in deciding what actions to take. deciding whether to try to fix the problems of poor strategy execution or simply shift to a strategy that is easier to execute correctly. knowing when to continue with the present corporate culture and when to shift to a different and better corporate culture. being good at figuring out whether to arrive at decisions quickly or slowly in choosing among the various alternative adjustments. deciding how to identify the problems that need fixing.

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.