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?
(1 point)
Miami
Denver
Ft. Collins
Boulder
1 answer
Shawn should open the nightclub in Miami, as it would be the most profitable option based on the research. As a business owner, his fiduciary responsibility is to prioritize maximizing profits for his business.