1. In 1776 Adam Smith explained how a "invisible hand" would direct companies trying to maximize profits in order to make decisions that would also favor society. Smith's findings have led economists to draw two main conclusions: (1) maximizing profits is the right aim for a company, and (2) a free market system is better for society. In the current age, considering the numerous innovations in business enterprises, do you still consider the "invisible hand" a reliable guide? Please expound your answer.

2. Which of the major decisions involved in the financial role (investment, funding, dividends and risk management) is the most important?