I need help with these question and the answers should be in own words. Thank you.

Please answer the following questions based on your own understandings: (1) How many types of decisions one corporation needs to make? Could you please show two examples for each type? (2) What are the functions of financial managers? Ideally, could one person both be a controller and a treasurer? Why? (3) What is agency cost? How could we reduce this cost? Please show at least two ways and illustrate how they work in detail. (4) What is the goal of the corporation? Is it desirable for managers to act in the narrow, selfish interest of their shareholders?Based on all the information you could search and obtain, please show your personal understandings for the following questions regarding the 2008 financial crisis: (1) What were the problems in our economy during the precrisis period, which finally led the entire world into this unprecedented crisis? Could you explain why those problems had such a severe impact to our economy? (2) Could you please show at least two nancial tools that were heavily used by Wall Street before 2008 but nally magnied our losses during the crisis? (For example, CDOs, CDS, and etc.) Please illustrate the basic idea of these tools (how did they work and being traded, what are the entities get involved in these tools, and etc.) and also why these tools lead the market into a severe collapse. (3) Based on your own understanding, why the initial collapse of US markets nally generates a contagious effect to other countries, that other countries also suffer a lot and experienced severe local market collapses (For example, the post2008 European sovereign debt crisis). (4) What are the measures you think would be useful for us (as individuals, rms, local governments, and global organizations respectively) to deal with the financial crisis, and help us forecast the crisis and reduce the cost of it. And why