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This principle was a very compelling argument in the delegation podcasts.
I had always wondered whether there were many more principles under the "Managerial Economics 101" umbrella. If I'm correct in guessing there aren't, I'll now feel crystal clear about the expression when you use it. If I'm wrong, I'm hoping someday you'll put me out of my misery and tell us about all the ME101 principles.
(hhmmm, is this comment a good indication that I'm a high "C"?)
Again, thank you so much.
ME101 has many facets. It's an entire course.
DOH ! I should've known !
Keep it coming. I can't get enough.