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Imagine you are the CEO of a company that provides a number of financial services. The company has several divisions producing a wide array of

Imagine you are the CEO of a company that provides a number of financial services. The company has several divisions producing a wide array of financial products. One of your board members advised you in a meeting that a particular division has been at a loss for the last several years, in spite of all the efforts to reduce costs; therefore, it is only logical to shut down that division. Do you agree with this advice?What other information do you require before taking a decision? Explain in detail.

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