Programmed decision and non programmed decision

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Reference no: EM1333923

Q1) A professional economist once told his class, "The individual decision maker should process all relevant information and select the economically rational alternative." Do you agree?

Q2) Should a company focus on cash flows or accounting profits in making a capital decision? Should the company be interested in incremental cash flow, incremental profit, total free cash flow, or total profit.

Q3) Explain programmed decision and non programmed decision.

Reference no: EM1333923

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