Ben Bates must first decide whether the decision to get an MBA is profitable to him (Ross, Westerfield, & Jaffe, 2013). If the decision is to proceed then he must decide which university to attend (Ross et al., 2013). By compounding the expected salary after graduation from each university and deducting the expense associated with obtaining the degree, a more informed decision may be made regarding Ben’s choice (Ross et al., 2013). However, there are limitations using strictly a financial standpoint…
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