case studies With Correct Answers Verified by Experts

case studies defining the problem - ANS important- to clarify nature of business issues =important step. even can ask questions after define the proble - ANS need logical answer - can break problem into smaller pieces , could also conduct a SWOT analysis of the firm, then state hypotheiss and potential solutions, then choose framework to structure your hypotheses, then state assumptions, at end summarize framework and analyses you utilized. importance of pose and flexibility - ANS confidence in your answer, handle self when make a mistake, as situations change and new information becomes available, are you able to adapt? articulation wiht communication, display energy and drive examples: The client, a leading manufacturer of prefabricated kitchen furnishings, has been steadily losing market share over the last two years. • The senior executive team would like you to help them understand why and what they can do to improve their market standing. what should you ask? - ANS Has the size of the market changed in the last two years? • Has the competitive structure of the industry changed? Mergers and Acquisitions? New Entrants? • Are there any new products or new technologies that are gaining market share? • How are we currently positioned (low cost, high quality, etc )? What is our competitive advantage? parade of facts case example: Client is a leading food company that wants to develop a fresh prepared meal business • Trend among consumers is toward fresher food with no artificial preservatives or coloring • Consumers are currently purchasing $5 0 billion of frozen meals—trendis toward more upscale products