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1. Discuss the advantages and disadvantages of decentralization of a firm's operations. 2. What is the problem with using only financial measures of performance? 3.

1. Discuss the advantages and disadvantages of decentralization of a firm's operations. 2. What is the problem with using only financial measures of performance? 3. Why do managers analyze financial statements? What are they looking for? List three types of decisions that managers can make by analyzing financial statements

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