Why Business Case Studies Are Important

Business case studies are an integral part of any course which focuses on management techniques.

Mumbai, India (prHWY.com) February 5, 2013 - These Articles are used to stimulate the student's thinking and are used throughout many industries. The objective behind making discussion and analysis of business situations an essential part of the management studies curriculum is the fact that it teaches and prepares the student to face similar situations in the corporate world.

What Is a Case Study?

Such studies are designed to encourage management students to come up with their own solutions for a problem situation faced by a company. Typically such studies are structured as follows:

The note will have an introduction of the company whose problem situation is being analyzed. The problem facing the company is discussed in detail. Questions are then posed to the students who have to analyze the case and come up with their own solutions.

In many business schools, such discussion and analysis of business case studies is a group activity and the students are expected to present their understanding of the problem and its solution in the form of a presentation.

Types of Case studies

There are lots of case studies such as How to write Case Study, format of Case Study, Method of Case Study, Business Case Study, Marketing Case Study, Financial Case Study, Technology Case Study, Case Study on Human resource much more

Business case study are undertaken as a part of management studies in all disciplines. Thus students will have to work on cases across disciplines.

Human resource development and organizational behavior studies will teach students to interpret group behavior at the work place.

Financial analysis will teach students on how to approach key aspects of financial planning such as cost cutting and rationalization of expenses.

Marketing case study are of course a very large part of the marketing management curriculum, and they teach students the ways and techniques of dealing with marketing, distribution, channel management, advertising and promotion, dealer management and other issues.

These studies sometimes also just give a narration of a situation faced by a company and the way it handles the problem. These descriptions help students build a database of likely solutions to similar problems.

Business case studies available nowadays, both through printed material supplied during class at management school as well as studies available on the internet, cover practically every facet of the life of a company, its employees, its shareholders, its creditors and debtors. Studying these situations, therefore, can give tremendous insight to management students.

They will be better prepared when they step out into the corporate world, and will have a reference point to relate to in terms of already analyzed business studies when they are faced with similar situations at their workplace.

Bhaumik Mehta
Mumbai, IND
Email: bhaumikrathhod@yahoo.com
Lean visit on Casestudy.co.in

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