P5 query on lectures notes

Hi Sir,

I do not understand certain sentences from the course notes.

Pg 85 of course notes:
“Both methods can also suffer distortions because of assets leased on operating leases and also if head office accounts for some ‘divisional’ assets (for eg: HO holding all receivables)?
–> Does it mean that when we calculate return on capital employed (it will be of a lower figure) and thus giving rise to higher ROI?

Pg 85 : Encourages maximization of ROI which might be how congruent with shareholders judge the company. I thought if you want to maximize ROI, at times it will not be congruent with what the shareholders want?

Pg109 : There must be management in depth? Meaning hiring the correct type of person with the right skill for the job?

Thanks for your help

Regards,
Joanna.