CASE STUDY

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

F. Refer to Dave McClure’s pirate metrics, explain each and every point of the metrics of your innovation

G. Is there a possibility to make unrelated diversification under the same company for Miss Yinnary? Please Explain your thoughts

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

e. Provide SCAMPER for your Innovation

f. Draw a Maslow Triangle of Needs and Explain in each stage of those theories the function of your Innovation where possible.

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her. During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

H. If unrelated diversification is not possible, explain your thought in term of related diversification

I.What is the Tao of Innovation? Explain in detail the 9 elements of the Tao of Innovation. Give examples !

number h and i the question were based on study case article from above you need to explain more detail and provide the example

case study question

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs. In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

c. Explain what is your IKIGAI Concept behind the innovation that you suggest ?

d. Draw a Lean Canvas for the Innovation that you come up with?

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

for number D you need to draw and to explain that were based on study case but you must draw on piece of paper

Based on the information below, create a project schedule (Gantt Chart). Assign tasks to either Workgroup or Individual.

Project: Vacation
Team: "Workgroup 1", "Individual"
Start/End: February 19 - May 26

START

A. February 19: Vacation participation must be confirmed
Time allotted: 7 days

i. Confirm participation
Time needed: 1 day

ii. Research vacation deals
Time needed: 1 days

iii. Decide on destination
Time needed: 2 days

iv. Create travel list
Time needed: 1 day

Slack available: 2 days

B. February 26: Lodging and excursion reservations must be made
Time allotted: 18 days

i. Research lodging options
Time needed: 3 days

ii. Make lodging reservation
Time needed: 1 Day

iii. Research and reserve excursions
Time needed: 5 days

iv. Make payment
Time needed: 1 days

Slack available: 8 days

C. March 16: All travel must be booked and confirmed
Time allotted: 57 days

i. Payment Status
Time needed: 3 days

ii. Reservation Status
Time needed: 1 day

iii. Pack
Time needed: 3 days

Slack available: 50 days

D. May 11: Check in to flights early
Time allotted: 1 day

i. Check into airport online
Time needed: 2 hours

ii. Receive itinerary/tickets
Time needed: 2 hours

iii. Call and reserve cab to airport
Time needed: 1 hour

Slack available: 20 hours, 30 minutes

E. May 12: Travel, Arrive at hotel (no later than 6:00 PM)
Time allotted: 18 hours

i. Board plane and fly to destination
Time needed: 6 hours

ii. Arrive at destination and grab luggage
Time needed: 2 hours

iii. Take shuttle to hotel and check in
Time needed: 3 hours

Slack available: 7 hours

F. May 12- May 25: Arrive at destination (Relax!)
Time allotted: 12 days

i. Unpack and get acquainted with hotel and surroundings
Time needed: 3 hours

ii. Relax, eat, dance, shop, explore
Time needed: 4-12 days

iii. Excursions
Time needed: 4-12 days

Slack available: 0-4 days

G. May 26th: Travel, Shuttle departs to airport at 11:00 AM (G)
Time allotted: 11 hours

i. Pack up all belongings and check out of hotel
Time needed: 3 hours

ii. Board shuttle at 11am at designated area
Time needed: less than 5 minutes

Slack time: 7 hours and 55 minutes

H. Arrive at airport and fly home

END

1) Which one of the following would most likely be allocated to products using ABC by McDonald's?

A) Cost of plastic gloves worn by the burger cooks

B) Cost of employees who chop lettuce

C) Cost of tomatoes added to burgers

D) Cost of cups for soft drinks

2) Fixed costs.....

A) increase per unit as total production decreases

B) increase in total as total production increases

C) decrease in total as total production decreases

D) decrease per unit as total production decreases

3) Variable costs...

A) remain constant per unit

B) will stay the same in total

C) increase per unit

D) decrease in total

ZYX Corporation produces two products: Construction Equipment and Laboratory Equipment. The total units manufactured for Construction Equipment were 50,000 units, while 400,000 units of Laboratory Equipment were manufactured. The sales price per unit was $650 and $475, for Construction and Laboratory Equipment, respectively. The total direct materials cost per unit was $95 and $75 for Construction and Laboratory Equipment, respectively, while director labor cost per unit was $75 and $55 for Construction and Labor Equipment, respectively. Total overhead costs were $49,500,000. ZYX Corporation decided to use ABC to distribute overhead costs to its products, thus the total overhead cost can be classified in three activities: Setups with a cost of $500,000, Engineering with a total cost of $44,000,000 and Packaging with a total cost of $5,000.000. The activity bases and usage per product is as follows: # of setups for Setup activity, # of machine hours for Engineering activity and # of shipments for the Packaging activity. The Construction Equipment required 400 setups, 300,000 machine hours and 50,000 shipments. The Laboratory Equipment required 100 setups, 300,000 machine hours and 200,000 shipments.  

What is the activity rate for the setup up activity?

What is the activity rate for the engineering activity?

What is the activity rate for the packaging activity?

What is the direct cost per unit for the Construction Equipment?

What is the total direct cost per unit for the Laboratory Equipment?

What is the total overhead cost per unit for the Construction Equipment if ABC is used?

What is the total overhead cost per unit for the Laboratory Equipment if ABC is used?

What is the total cost per unit for the Construction Equipment if ABC is used?

What is the total cost per unit for the Laboratory Equipment if ABC is used?

What is the profit per unit for the Construction Equipment if ABC is used?

What is the profit per unit for the Laboratory Equipment if ABC is used?

XYZ Corporation produces two products: Construction Equipment and Laboratory Equipment. The total units manufactured for Construction Equipment were 50,000 units, while 400,000 units of Laboratory Equipment were manufactured. The sales price per unit was $650 and $475, for Construction and Laboratory Equipment, respectively. The total direct materials cost per unit was $95 and $75 for Construction and Laboratory Equipment, respectively, while director labor cost per unit was $75 and $55 for Construction and Labor Equipment, respectively. Total overhead costs were $49,500,000. XYZ Corporation decided to use ABC to distribute overhead costs to its products, thus the total overhead cost can be classified in three activities: Setups with a cost of $500,000, Engineering with a total cost of $44,000,000 and Packaging with a total cost of $5,000.000. The activity bases and usage per product is as follows: # of setups for Setup activity, # of machine hours for Engineering activity and # of shipments for the Packaging activity. The Construction Equipment required 400 setups, 300,000 machine hours and 50,000 shipments. The Laboratory Equipment required 100 setups, 300,000 machine hours and 200,000 shipments.  

What is the activity rate for the setup up activity?

What is the activity rate for the engineering activity?

What is the activity rate for the packaging activity?

What is the direct cost per unit for the Construction Equipment?

What is the total direct cost per unit for the Laboratory Equipment?

What is the total overhead cost per unit for the Construction Equipment if ABC is used?

What is the total overhead cost per unit for the Laboratory Equipment if ABC is used?

What is the total cost per unit for the Construction Equipment if ABC is used?

What is the total cost per unit for the Laboratory Equipment if ABC is used?

What is the profit per unit for the Construction Equipment if ABC is used?

What is the profit per unit for the Laboratory Equipment if ABC is used?

High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane Flight Hours Total Cost Airplane depreciation: High 44,000 $ 18,400,000 Low 28,000 $ 18,400,000 Fuel: High 44,000 445,896,000 Low 28,000 283,752,000 Airplane maintenance: High 44,000 16,544,000 Low 28,000 12,120,000 Required: Use the high-low method to answer the following questions. If an answer is zero, enter "0". If required, round your answers to nearest dollar. 1. What is the variable rate for airplane depreciation? $ per flight hour What is the fixed cost for airplane depreciation? $ 2. What is the cost formula for airplane depreciation? Total cost of airplane depreciation = $ 3. What is the variable rate for fuel? $ per flight hour What is the fixed cost for fuel? $ 4. What is the cost formula for fuel? Total cost of fuel = $ x 5. What is the variable rate for airplane maintenance? $ per flight hour What is the fixed cost for airplane maintenance? $ 6. What is the cost formula for airplane maintenance? Total cost of airplane maintenance = $ + ( $ × ) 7. Using the three cost formulas that you developed, predict the cost of each resource in a month with 36,000 airplane flight hours. (Note: Do not round intermediate calculations.) Total cost of airplane depreciation $ Total cost of fuel $ Total cost of airplane maintenance $

High-Low Method, Cost Formulas

During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows:

Required:

Use the high-low method to answer the following questions. If an answer is zero, enter "0". If required, round your answers to nearest dollar.

1. What is the variable rate for airplane depreciation?
$per flight hour

What is the fixed cost for airplane depreciation?
$

2. What is the cost formula for airplane depreciation?

Total cost of airplane depreciation = $

3. What is the variable rate for fuel?
$ per flight hour

What is the fixed cost for fuel?
$

4. What is the cost formula for fuel?

Total cost of fuel = $ x

5. What is the variable rate for airplane maintenance?
$ per flight hour

What is the fixed cost for airplane maintenance?
$

6. What is the cost formula for airplane maintenance?

Total cost of airplane maintenance = $
+ ( $ × )

7. Using the three cost formulas that you developed, predict the cost of each resource in a month with 36,000 airplane flight hours. (Note: Do not round intermediate calculations.)