Mystic Monk Coffee MBA 688: Business Strategy and Stakeholder Responsibility Professor John C. Byrne‚ Ph.D. February 23‚ 2015 Presented by Mashal Shaikh Executive Summary More funds are needed to establish the new Carmelite Order than exist. Thus‚ a summary of revenue sources‚ expense statements‚ and the business model of Mystic Monk Coffee is presented. The coffee industry is also analyzed. Characteristics of Mystic Monk’s Coffee and how that affects its revenue generation is discussed
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Daniels_ Mary_ ASSIGNMENT 1 CHAPTER 1 1. Are people always an organization’s most valuable resource? Why or why not? 4 points The human capital is always the most valuable and import asset of any organization. It takes a person to create the vision for any business or non-profit enterprise and people to execute that vision and make it a reality. There are other significant assets within an organization‚ and all other assets have to be allocated to or managed by people. Organizations that
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Review Case One: Mystic Monk Coffee Father Daniel Mary‚ the prior of the Carmelite Order of monks‚ would like to purchase a nearby ranch to expand the monastery. Father Daniel Mary would like to know if the monastery’s Mystic Monk Coffee business is capable of generating profits to help raise money for the sell. Mystic Monk Coffee is a small internet based business created by the Carmelite Order of monks in Clark‚ Wyoming. The small coffee bean company sells whole
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1. What is the mission of Mystic Monk Coffee? Father Daniel Mary’s dream was to create a new Mount Carmel in the Rocky Mountains. He wanted to expand the 13 monks‚ 42-acre monastery into a 30 monks‚ 500-acre monastery. The mission of Mystic Monk Coffee was to profit enough money to purchase an $8.9 million ranch near Irma Lake to make the appropriate accommodations for a larger monastery. 2. What is the basic strategy that Mystic Monk Coffee seems to be using to achieve their mission?
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CASE 1 MYSTIC MONK COFFEE David L. Turnipseed University of South Alabama As father daniel mary‚ the prior of the carmelite order monk in clark‚ wyoming. His vision of transforming the small brotherhood of 13 monks living in the small home used as makeshift rectory in to 500 acre monastery that would include accommodations for 30 monks‚ a gothic church‚ a convent for carmelite nuns‚ a retreat center for lay visitors‚ a hermitage presented a formidable challenge. However‚ as a former high school
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1. a) Father Daniel Mary has established a future direction for the Carmelite Monks of Wyoming shown by his vision creating. b) Vision of monastery • Increase size from 13 to 30 monks • Purchase 496 acre ranch • Build monastery with accommodations • Build a church • Build a convent for nuns and a hermitage c) Vision for Mystic Coffee • There is no true vision except to fund the Carmelite Monks d) Mission of Mystic Monks • Worship • Live out their life in monastery
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TRAHMS FROM: SUBJECT: MYSTIC MONKS COFFEE CASE DATE: 11/6/2013 SUMMARY: The Carmelite Monks of Wyoming are interested in expanding their current monastery through the purchase of an $8.9 million ranch to accommodate more monks and provide a larger place to worship the Lord. The monks are planning to earn money for this 500- acre ranch through fund raising‚ donations and through sales that are generated by their Mystic Monks Coffee Company. Mystic Monks Coffee sells premium roasted coffee
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Lately we have been discussing a lot about how Wyoming and its elected officials have become great examples and influences for our state and I think there have been a few legislators in the past decade or so who have made a major impact on how Wyoming views ourselves and how we are viewed nationally. With the lowest population of all the 50 states‚ we are stereotyped into a category where our votes are considered sometimes a “nuisance” and “dead-weight”. It wasn’t till politicians such as Senator
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MYSTIC MONK COFFEE 1. is Mystic Monk Coffee’s strategy a money-maker? What is MMC’s business model? What is your assessment of Mystic Monk Coffee’s customer value proposition? Its profit formula? Its resources that enable it to create and deliver value to customers? Mystic Monk Coffee business’s strategy is a money-maker. There is no doubt that the coffee industry is a booming industry. According to the National Coffee Association‚ about 83% of U.S. adults drink coffee in one form or another.
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Mystic Monk Coffee Company History Mystic Monk Coffee is a company established by Father Daniel Mary‚ the Prior of the Carmelite Order of monks in Clark‚ Wyoming. The monks are a group of 13 living in a small home. Coffee sales are used to support the brotherhood and to eventually prepare for expansion of the order. Coffee is produced using high quality fair trade Arabica and fair trade/organic Arabica beans. There are many popular flavors such as Mystical Chants of Carmel‚ Cowboy Blend‚
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