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A case study is an in-depth, detailed examination of a particular case (or cases) within a real-world context. [1] [2] For example, case studies in medicine may focus on an individual patient or ailment; case studies in business might cover a particular firm's strategy or a broader market; similarly, case studies in politics can range from a narrow happening over time like the operations of a ...
Sometimes the competition includes several rounds, with the final round typically judged by outside company executives (sometimes the panel consists of executives from the actual company in the case). For example, the University of Washington’s Foster School of Business' 2010 round of its Global Business Case Competition featured a customized ...
A decision-forcing case is also a kind of case study. That is, it is an examination of an incident that took place at some time in the past. However, in contrast to a retrospective case study, which provides a complete description of the events in question, a decision-forcing case is based upon an "interrupted narrative."
Cox uses case studies which show where competent buyers have used collaboration successful to secure value for money, and other examples where "incompetent buyers" utilizing "what initially appear to be win-win outcomes" subsequently lose out to "more commercially competent suppliers". [48] In relation to one of his examples, Cox concludes that
A business case captures the reasoning for initiating a project or task. [1] Many projects, but not all, are initiated by using a business case. [2] It is often presented in a well-structured written document, [3] but may also come in the form of a short verbal agreement or presentation.
Case interviews are designed to test the candidate's analytical skills and "soft" skills within a realistic business context. The case is often a business situation or a business case that the interviewer has worked on in real life. Case interviews are mostly used in hiring for management consulting jobs. Consulting firms use case interviews to ...
Executive summaries are important as a communication tool in both academia and business. For example, members of Texas A&M University's Department of Agricultural Economics observe that "An executive summary is an initial interaction between the writers of the report and their target readers: decision makers, potential customers, and/or peers.
The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching: Preparing case-specific questions to be answered ...