“1. In your own words define how public policy decision makers assess performance, and how business

“1. In your own words define how public policy decision makers assess performance, and how business leaders formulate effective competitive strategy in competitive markets. 2. In your own words, define how a single seller or a single buyer comes to dominate individual markets, and considers the appropriate role for economic regulation. 3. Define Economic Theory, and list some differing perspectives on the nature of competition in imperfectly competitive markets. 4. Discuss how “Game Theory” can be used to improve strategic decision making in competitive situations. 5. How do “Pricing Practices” add value as a practical means for achieving maximum profits , given a markets wide variety of demand and cost conditions. 6. In your own words, define Risk Analysis as it pertains to economics. 7. List and define the mechanics of capital budgeting as an application of marginal analysis. 8. How does organizational structure and corporate governance affect a corporation? 9. Why and how, do government policies have the capacity to balance private and public interests while laying the foundation for economic growth and a healthy economic environment. 10. List and define at least two methods of improving Public Management