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Case studies are included in the Syllabus of management degrees in almost all Universities. But the pattern for solving these case studies varies from university to university.
Students are not sure about which method they have to follow. This article makes you familiar with some methods to solve a case study in Management.
Here you just have to answer the questions given below. The method to solve this type of cases is: And the students get confused about what to do with such type of case type.
The following are the ways in which a case can be solved and among those things whichever is applicable or possible in that you can include it in the solution and solve the case. Give a detailed description about the case in two or three paragraphs and cover all the major issues in the case in your introduction.
You have to list the strength weakness opportunity and thread of the company. Strength and weakness stands internal in which the company can have a control over that and Opportunity and Thread stands for External in which the company does not have any control.
Find out major issues in the case and highlight those problems consider those problems as questions. Frame the problem in a proper way.
Find out the solutions: In the previous step you have framed the problems here you need to give solutions for each problem.
Consider the problems as questions and start answering for each question.
Model 1 You can answer the question straight away about what you feel. Like how you reply to your other theory questions the same way you have to answer for these questions. You can highlight the subheadings and quote some definition in the answer if any concept is involved in that Model 2 You can explain your answer by aligning the answer with any theory related to that.
This method is not possible in all the cases. This will fetch you more marks but one thing you need to be clear that you must know the theory completely. Model 3 This method will take you in a proper direction.
As said earlier consider the problem as question. Take the question one by one. Find the possible solution for each question. And also write the advantages and disadvantages for that solution.
If you have more than one options for the same problem list the option one by one along with the advantages and disadvantages of each option. Finally conclude the question by comparing the option and write the best option among the listed option and support your conclusion.
Expanding the business C. Lease a part of production plant to another company D. Close the plant partially Now take each option and write its advantage and disadvantage Like Option A.The case describes an MBA student who meets with a number of successful search fund entrepreneurs who have taken alternative routes to raising funds.
The case considers the issues of partnering, soliciting funds vs.
self-funding a search, and joining an incubator. You can use these ways to solve any Human Resource Management, Marketing Management, Finance management or any other Management related Case study.
Students of MBA, MMM, MPM, BBA and other management courses can use the same method to solve case studies. One of the core teaching methods, pioneered by Harvard Business School, is the case method. Some of the most difficult situations in business history are laid out for .
Karen Schweitzer is a business school admissions consultant, curriculum developer, and education writer. She has been advising MBA applicants since Updated July 30, When writing a business case study analysis, you must first have a good understanding of the case study.
Representing a broad range of management subjects, the ICMR Case Collection provides teachers, corporate trainers, and management professionals with a variety of teaching and reference material. The collection consists of Marketing case studies and research reports on a wide range of companies and industries - both Indian and international, cases won awards in varies competitions, EFMD Case.
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