Mystic Monk Coffees Strategic and Financial Objectives Free Essay Example, 1000 words

Before recommending any improvements on the strategy and business model, it is necessary to analyze the key internal strengths and weaknesses of the monastery and evaluate major threat and opportunities. The first initial strategic option was to consider Mystery Monk Coffee operations as a potential source for funding the project. For implementing this strategy it is necessary to produce a calculation of the monastery s production capability. At the moment, roaster production capability is limited to 540 pounds per day. Assuming that the monastery will purchase new roaster and increase its capacity to 130-pounds-per-hour, it is possible to calculate the potential income which coffee roasting operations will generate for the monastery. If there will be two shifts, each for 6 hours, the production time per day will be 12 hours. If the monks will work days a week, the total number of working days will be approximately 26 days/month. Thus, the maximum output of roasting operations will be 3744 pounds of coffee per year (12hours*26days*12months) or 4988 bags of coffee (12 ounces). Even if to assume that the monastery will work with maximum production level and will sell all the coffee, it will not cover the necessary investment in the nearest 5-10 years. We will write a custom essay sample on Mystic Monk Coffees Strategic and Financial Objectives or any topic specifically for you Only $17.96 $11.86/page It might be smaller place, also beautiful, and appropriate for implementing the Monastery s new vision.