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1. Many times we make decisions based upon our initial reaction - without reviewing or getting data. What data do we need for CanGo to make decisions? Explain.

2. How might you recommend a company to apply weighting factors to risks?

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Solution Summary

This 257 word solution discusses a specific example with a company called CanGo related to risks, highlights what data is required for the company to make decisions, and provides 1 reference.

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1. CanGo is an on demand transit bus that picks up customers at both "bookable" and "timed" stops in the UK. Bookable stops are those in which the bus stops at designated yellow bus indicator plates and are often located at less popular spots such as local pubs and residential roads (Wikipedia, 2013). Timed stops are those that are distinguished by green indicator plates and are located and more ...

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