https://padlet.com/12299626/51thknnpy2o0cljg Made with a warm coffee en-us 2020-09-30 12:39:36 UTC 2026-01-11 21:53:31 UTC hello@padlet.com 12299626 https://padlet.com/12299626/51thknnpy2o0cljg/wish/796684114 A challenging factor for the coffee industry is the competition the company faces. Since the demand of coffee is so high, the stakes for the company are high to make their product stand out and to have people choose the company's coffee over their competition. The price for product is hard to get since they have to pay for production and for supply but also to make profit and also to have the price low enough so the consumer desires the product over someone elses.]]> 2020-10-02 00:31:00 UTC https://padlet.com/12299626/51thknnpy2o0cljg/wish/796684114 12299626 https://padlet.com/12299626/51thknnpy2o0cljg/wish/796689621 Since coffee is something consumed and ingested there are standards and regulations for the coffee companies set by the government. although the rules vary by the industry, the coffee industry is not governed by many rules. These rules and standards help ensure the safety of the product and satisfy the consumers .]]> 2020-10-02 00:35:54 UTC https://padlet.com/12299626/51thknnpy2o0cljg/wish/796689621 12299626 https://padlet.com/12299626/51thknnpy2o0cljg/wish/796724307 When the coffee bean company, Dean's beans, started there was capital and investments that needs to happen in order for the company to be successful. The capital for the company includes roasting machines for the coffee beans, the bags for shipping, transportation, and more. The capital is very important along with the quality for the business to thrive and compete against others. Investments like labor costs are costs that the company pays in order to have things done. These costs need to be recorded for calculations and statistics of the company's growth or decline]]> 2020-10-02 01:05:45 UTC https://padlet.com/12299626/51thknnpy2o0cljg/wish/796724307 12299626 https://padlet.com/12299626/51thknnpy2o0cljg/wish/796734427 Finances are one of the many pillars that can either make a company successful or a failure. Costs for making the product and selling it along with payment for an employees work is crucial. With these payments and growth of a company it can lead to a successful business]]> 2020-10-02 01:15:01 UTC https://padlet.com/12299626/51thknnpy2o0cljg/wish/796734427 12299626 https://padlet.com/12299626/51thknnpy2o0cljg/wish/796737829 The basics of any business is a steady supply of the company's product. For Dean's beans, a supply of coffee bean is crucial for business and for the supply chain. The business buys its beans from the start of the global supply chain, a farm either from south america or africa or asia. The beans will be farmed and then moved up throughout the supply chain next going to be proccessed and then shipped off by the company.]]> 2020-10-02 01:18:12 UTC https://padlet.com/12299626/51thknnpy2o0cljg/wish/796737829