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Marcus Lemonis is a successful businessman and as a result is now a multi-millionaire. He now stars in the reality show “The Profit”. Although this is a reality show, and undoubtedly the content is managed in a way to create an interesting show, it does present real life business situations. He specializes in going into businesses which are experiencing problems, normally buying a share of the business, and under his management, turning the business around. He has invested millions of dollars in such a way in many businesses. His philosophy is that a profitable business depends upon success in three areas: people, product and process.
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REQUIRED: Choose any episode of the show which first screened from July 2013 through September 2013 and describe how he used concepts and principles contained in your textbook to turn the business around. If he eventually decided not to invest in that business, provide the same details of his analysis and recommendations for the business.
PAPER SIZE: 2 double-spaced typewritten pages, with title page and sources page (extra). Do not include an abstract.Use Times New Roman 12 font and 1 inch margins.
PLEASE NOTE: For those in the habit of ignoring, or going against, instructions, please make sure your best material is on the first two pages because that is all I will be assessing. There will be an automatic 10 point deduction for any student who does not follow all of the requirements outlined on this page.
TURNITIN: When you submit your paper to the Dropbox it will be processed through Turnitin. You will not see the rating – only I will. Submitting your own work in your own words will result in a satisfactory Turnitin rating.
You are required to write a paper on an assigned subject that will be covered in this class. You will need to research for more information than what is included in your assigned textbook. You are required to use APA style for the paper. A rubric follows that details how the instructor will grade the project. There are a possible 100 points for the project. The project is equal to 20% of the total grade.
Standards
The focus was clear
Organization is easy to follow
Sentence form is appropriate
Punctuation, grammar, spelling, are correct
Information given is correct and well documented
Citations used to support evidence
APA style
Analysis and interpretation
Strong understanding of the principle
