Be concise on your answers.
Watch CNBC show The Profit. Season 1 Episode 4 “Eco-Me”
Watch the episode and complete a paper answering questions below:
Describe the economics of deal that Marcus struck with the owner of the business. Would you have accepted if you were the owner?
Provide a brief overview of the condition of the business when Marcus arrived. What problems did the business face?
Marcus uses a “three P’s” approach when evaluating and turning around business – Product, Process, and People – describe why and how he changed any of the three P’s at Eco-Me; Which of Marcus’ actions were appropriate? Were any inappropriate? What other actions might Marcus have taken? Consider organizational, marketing, operations, and financial actions. (may be helpful to break each one of the four areas out but not required)