Please can you answer the three questions.. Thank you Part 5 Cases 590 CASE 17 B
ID: 1223879 • Letter: P
Question
Please can you answer the three questions.. Thank you Part 5 Cases 590 CASE 17 Belle Meade Plantation: The First Nonprofit Winery Engages in Social Entrepreneurship INTRODUCTION Belle Mead Plantation, over 200 years old, is using social entrepreneurship to preserve the history of the nineteenth century. In 1807 John Harding founded the Belle Meade Planta- tion in Nashville, Tennessee. The plantation would become known for breeding some of the best-known thoroughbred horses in U.S. history By the time of the U.S. Civil War, the Plantation had become famous as a 5,400 acre stud farm that was producing some of the best racehorses in the United States. Following the Civil War, much of the thoroughbred industry moved to the Lexington, Kentucky area. Kentucky remained in the Union and had the advantage during reconstruction. However, Bell family members managed a successful thoroughbred breeding plantation that was among the best in the nation. After the plantation was sold early in the twentieth century, the grounds of Belle Meade Plantation were eventually converted into a museum focusing on its history. Today Belle Meade Plantation operates as a nonprofit to preserve its history and provide an opportunity to experience life in the nineteenth century. The plantation gives families the chance to have an educational experience. Guests can visit the plantation and tour the mansion, stables, and other buildings to experience "stepping back in time. e Meade recovered, and various This case focuses on the challenges in 2004 when Alton Kelley, executive director of Belle Meade Plantation, and his wife, Sheree, were both facing the monumental task of securing adequate, long-term funding to maintain Belle Meade Plantation. At the time, the existing sources of funding for the operations of Belle Meade Plantation were (in descend ing revenue order): (1) ticket sales from visiting tourists, (2) hosting special events, (3) corporate and private donations, and (4) sales of items from the gift shop, including a line of private-labeled products, such as cheese, country ham, grits, and a variety of souvenirs For the fifth consecutive year, donations from corporations and individuals had declined to the lowest levels in memory, and the couple believed they had little choice but to look for solutions that were well outside of the proverbial box. The organization and its board of Dr Robert P Lambert and Dr. for Alesander, Belmont University 0 2014 Alton Kelley, Executive Director sf Belle Meade Plantation, and Sheree Kelley, Belle lennifer Sawayda assisted in editing o Bustrate either effective or ineffective handing of an administrative, ethical,or legal decision by management All sources used foe this case were ohtained through pernional interviws publicl Meade website Meade Winery Manager, participated in developing this case a version of this case. It was prepared for classroom discussion rather than ly available material, and the BelleExplanation / Answer
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