Mini-Case Scholastic Travel Services, Inc.

This mini-case is available in MyFinanceLab.

Twelve years ago Réjean Rondeau and Carmella DiStefano founded Scholastic Travel Services. They began their careers teaching foreign languages in suburban New York high schools. They were both active in professional associations and worked on committees to stimulate interest in language studies. Their first endeavors involved week-long trips to Mexico and Rondeau’s native Québec during school breaks. These trips were extremely successful, and within a few years, they were organizing summer courses for Advanced Placement credit in the United Kingdom, France, ...

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