What are the 3 types of financial management decisions and what questions are they designed to answer?

The three types of financial management decisions are investment decisions, financing decisions, and dividend decisions. Investment decisions focus on determining where to allocate resources to maximize returns, answering the question, "What assets should we invest in?" Financing decisions address how to fund these investments, asking, "Where will we get the money?" Lastly, dividend decisions involve determining how profits will be distributed to shareholders, posing the question, "How much of our profits should be returned to shareholders versus reinvested in the business?"