Accounting mini paper

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Spring2020ACCT.525PaperInstructions.docx

PAPER: ACCT. 525 SPRING 2020

Marcus Lemonis is a successful businessman and as a result is now a multi-millionaire. He now stars in the TV reality show “The Profit”. Although this is a reality show, and undoubtedly the content is managed in a way to create an interesting TV 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 of his own money in such a way in many businesses. His philosophy is that a profitable business depends upon success in three areas: people, product and process.

REQUIRED: Choose Season 7 Episode7 – Las Vegas Mini Gran Prix 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.

DUE: Monday, 27 April. Submit your paper in a word document , as an attachment, to the Dropbox. Put your surname as the file name and on each page of your paper.

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 (excluding the title page) because that is all I will be assessing. There will be an automatic 10 point deduction for each instance where a student does not follow any of the requirements outlined in these instructions.

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.