Mystic Monk Coffee 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. An analysis on increasing production capacity and subsequently reaping increased revenues is discussed. Finally, recommendations for converging
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Mystic Monk Coffee Case Study Assignment Questions 1. Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? 1) The future direction of the monastery was to develop a strategic vision to achieve the purchase of a land to further expand the operations of the monastery. That is, the monastery would use the funding from donations
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MYSTIC MONK COFFEE ASSIGNMENT QUESTIONS 1. Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? Yes, undoubtedly Father Daniel Mary had established a future direction for the Carmelite Monks of Wyoming. Father Daniel Mary has a vision of expanding the monastery and improving the coffee business. He wanted to enlarge the
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Mystic Monk Coffee 1. What is the mission of the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? Are the two visions compatible? The mission for the Carmelite Monks of Wyoming is to grow his brotherhood larger by purchasing a bigger ranch that accommodates more monks, a Gothic church, and a convent for the Carmelite nuns and a retreat center for lay visitors. The vision is to acquire the 496-acre parcel of land for $8.9 million
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before repeating the same process the next day. Each monk in the monastery has his very own unique skill that contributed to wellbeing of the cloister. One brother is a mechanic, another a carpenter; there’s a cook, a secretary, and Brother Java, the master roaster of coffee beans. Interestingly, he himself does not drink coffee. However, it is obvious he and the other men who run Mystic Monk Coffee (MMC) have an expansive knowledge of the coffee industry. Most entrepreneurs start a business in order
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NOTE 1 CASE Mystic Monk Coffee Case 1 Teaching Note Mystic Monk Coffee OVERVIEW T his 4-page case requires that students consider the future direction of a monastery located in Clark, Wyoming and evaluate the vision, strategy, and business model of the fledgling Mystic Monk coffee business. As the case unfolds, students will learn of Father Daniel Mary’s vision to build a new Mount Carmel in the Rocky Mountains and transform the small brotherhood of 13 monks living in a small
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2014 TEAM PAREF - STRAMAN K31 CASE 01 - MYSTIC MONK COFFEE 1. Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? Yes, Father Daniel Mary established his own vision for the future of the Carmelite Monks of Wyoming. He envisioned a new monastery that could accommodate 30 monks, a retreat center for lay visitors, a Gothic
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the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? a. Father Daniel Mary did in fact establish a future of the Carmelite Monks of Wyoming using his own vision. His vision consisted of creating a new monastery with 30 monks, a retreat for visitors, a Gothic church, a convent for nuns, and a hermitage called Irma Lake Ranch. As far as the vision for Mystic Monk Coffee, he wanted
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Mystic Monk Coffee Case * Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? * yes * What is his vision for the monastery? * He wishes to take the 13 monks who are living in a small home used as a makeshift rectory and move to a nearby ranch that would accommodate 30 monks, a gothic church, a convent for Carmelite nuns, a retreat for visitors, and a hermitage; essentially wants to create a new Mount Carmel in the Rocky Mountains
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Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? Father Daniel determined what the future was going to be including directions and the way how to achieve the goal. His biggest decision was to expand and purchase the Irma Lake for about 8.9 million. This would let expend the church for Carmile nuns and let the number of monks expend to 30. Father Daniel believed that Mystic Monk Coffee
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