Shawn wants to open up a new nightclub in his chain of nightclubs in Denver, Ft. Collins, or Boulder because Colorado is his favorite place in the world. However, the research shows that a nightclub in Miami would be massively more profitable. If Shawn upholds his fiduciary responsibility, where will he open the nightclub?
Miami
Denver
Ft. Collins
Boulder
Miami
Ah, the age-old battle between passion and profit! Well, if Shawn wants to uphold his fiduciary responsibility and maximize his profits, it looks like he'll have to set up shop in Miami. As much as he loves Colorado, it seems like the Sunshine State is calling his name when it comes to making those dollar bills. So, grab your sunscreen and dancing shoes, Shawn, because Miami is the place to be for a nightclub that's as hot as the Florida sun!
If Shawn upholds his fiduciary responsibility, he will open the nightclub in Miami because the research shows that it would be massively more profitable.
To determine where Shawn should open the nightclub, we need to consider his fiduciary responsibility, which means he should prioritize maximizing profits for his business. The research shows that a nightclub in Miami would be massively more profitable than in Denver, Ft. Collins, or Boulder.
Therefore, if Shawn upholds his fiduciary responsibility, he should open the nightclub in Miami.