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After watching The Profit episode of Mr. Cory's Cookies , start a discussion post addressing the following topics: Give a brief overview of the company
After watching The Profit episode of Mr. Cory's Cookies, start a discussion post addressing the following topics:
- Give a brief overview of the company when Marcus arrives; the product costs, process, people (the 3 P's). Discuss any constraints and obstacles that the company is facing.
- Cory gives Marcus a summary of the P/L results starting with 2014. Comment on the increase in sales and profit, and compute the net profit margin for each year.
- Discuss Marcus' investment in the company. In your opinion, what is an acceptable ROI for Marcus.
- Briefly address Marcus' plan to turn the company around. How did his plan affect product costs; comment on the new cost structure (describe the variable and fixed cost components), the new process and people involved.
- Do a little research outside of the video - where can you buy Mr. Cory's cookies and how much does a dozen sell for?
- Now that you know the selling price per unit (dozen) - prepare an estimate of the contribution margin per unit (dozen). This is just your estimate - describe your assumptions to support the estimate.
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