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The Profit

The Profit

Q There are episodes available online. Also, new episodes are generally on Tuesdays on CNBC at night. Please watch an episode if you can and then give a brief description of it - and what you found was useful. Interac with others online.

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I watched Season 7, Episode 4 - Polar Bear Coolers, whereby I found that at Polar Bear Coolers, lack of decision-making of the owner is a major issue that raises a range of other business issues as well. For instance, inefficient inventory management practices, inappropriate marketing and advertising strategies, and ineffective team environment, all bring loss for the firm. Hence, from the year 2015 to 2017, the company revenue had declined with around 1 million (CNBC, 2020). The company had borrowed an amount of $540, 00 to raise its inventory, along with 5 and 25 per cent interest, accordingly.