18. Where should managers focus their energies when their company's treadmill is running too fast? 19. Is it better to measure management's performance relative to their peers or to their past performance? And why? 20. Describe an action that may look impressive but does not create value? 21. What is the relationship between value and risk? 22. Specifically, from the book, besides the tax rate, what are the other two drivers of ROIC