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Real-Life Activities

Real-Life Decision Making

It's late in the day on a Friday afternoon. You're getting ready to head home when a courier knocks on your office door.

"Bingham Arts Management?" he asks.

You reply that, yes this is Bingham Arts Management. You sign for the package. Inside are some photos, a letter and a cassette tape. The photos are of a string quartet. But they don't look like any string quartet you've seen lately. They're dressed in psychedelic clothes. They have brightly colored hair and they're holding their instruments.

The photo's a bit amateurish, but you like their approach. On the way home, you pop the cassette into your car stereo and give it a listen.

These guys are great!

The letter included in the package introducing the group states they're a new group with performing experience as individuals. But they have almost no experience as a team. They want to know if your company will consider taking them on.

You decide to arrange a meeting with the group the following week. The meeting goes well. They present ideas about playing some unconventional venues, which seems interesting to you.

You like their look and their fresh approach. But putting your company's support and money behind this group is a completely different matter. Bingham is a young company and you have to be careful who you decide to represent.

"It's always a tough call to decide whether to take on an unknown act," says manager Martin Mitchell.

What do you do?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.