1. It is shown that the whole system is managerially effective if and only if that all sub-processes are managerially effective.

2. Edward Heath was the most managerially minded prime minister since Attlee.

3. In addition, the combined company will be stronger financially, managerially, and operationally.

4. Europeans are undoubtedly as technically inventive and managerially competent as their US counterparts.

5. Small businesses are typically informationally opaque and managerially costly, and these exist some obstacles for banks to extend credits to small businesses.

6. Moreover, governments are managerially challenged, with bank bailouts and huge stimulus packages to finance. A severe flu epidemic would open another front.