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Scenario 4.2
Use the following to answer the questions.
Colin Jackson recently purchased Blue Waters Adventures, a kayak and canoeing rental business near the Chatsworth River in Arizona. Blue Waters Adventures had been in operation for five years and was located in an ideal area. Even though the winters in the area can be cold, kayaking and canoeing activities are generally popular year-round. After two months of operation, it became clear why the previous owners had sold the business. While the business appeared to be ideally located, sales were extremely disappointing.
-Refer to Scenario 4.2. Besides administering the questionnaire, Colin observed people who went kayaking and canoeing on the Chatsworth River, making notes about their appearances and behavior. The type of data he collected is data.
Ethical Problem
A dilemma or situation that requires an individual or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).
Business Decisions
The process by which a company determines and implements strategic actions to achieve its objectives.
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