The case study method is a research strategy that is different from every other teaching method. A case method is a teaching approach of the study of a situation, used as a tool to help students analyze a real-life business case in-depth. In order to follow this type of process, students will have to identify the problem, gather the most accurate and important information and facts that the case provides to find a solution to a problematic. Teachers admire this method due to concrete examples that are provided to their students showing that businesses indeed have their ups and downs.
The case method is used in schools in order to facilitate and prepare the ...view middle of the document...
Something you will have to keep in mind is that this part is to be done only at the end of the project.
Next is the background; a description of the company’s and the product’s history. This will have to take up one entire page. Only pertinent elements and information are to be mentioned in order to advance in the problem solving. You will have to mention the company’s structure and divisions to briefly describe the company’s components. Other important data regarding the business must be mentioned, such as who is part of it; Board of Directors, the President and the Chief Executive Officer. The location of the Head office is extremely important in order to know with whom the company communicates and operates in various exchanges. Other relevant information is entirely necessary to summarize the company’s operations, the goods and services that they provide and their respective descriptions.
The problem is a very important part of the various components needed in your case study. You must identify the main problem of the company so that afterwards you will be able to find a solution and solve it efficiently. Also, it is imperative that the possible causes of the problem are mentioned. You will have to establish some sort of hypothesis, that tells us how you think the case can be solved and why. Once that you have found the current issue related to topics that you have already seen, you will have to determine the main cause, which explains the start of the problematic. You will then have to identify the type of problem that you are facing. For example, there are unfinished cases, finished cases, fictional cases or original cases.
The following component is the situation analysis which determines the actual situation of the company and what might have caused it. There are several situations and roles that you will have be vigilant with in order to give us the essential detailed information. Moreover, different variables will have to be identified in order to differentiate the external and the internal environment, without leaving out the fact hat only relevant variables are to be used. Also, it would add potential to your paper if you determine the goals and the company’s limitation. The result of the situation analysis is the identification of a firm’s strengths and weaknesses and its various opportunities; SWOT and terms that we have already seen in class, show these results. Preferably, using both SWOT tables will carry a more in-depth analysis of the firm’s results of its case.
The seventh component would be the alternative solutions. In this case, you will have to find and propose solutions to one important problem with your hypotheses. Although point form isn’t something we should be using, naming the possible solutions may be determined by doing so. What were your hypotheses? Coming up with theories and assumptions will help you round off all the relevant information that you have gathered. Afterwards, it is important to evaluate the...