Consequence of making decisions without thinking critically

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Reference no: EM1333584

Q1) Why is it important that decision makers in a corporation know the cost function for producing the companies products?

Q2) Prior to making a credit decision, we should always check the applicant's:

a. capacity, cash, and collateral.
b. character, capacity, and collateral.
c. collateral, credit, and cash.
d. collateral, character, and current assets.

Q3) What are the consequences, good or bad, for making decisions without thinking critically?

Reference no: EM1333584

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