Theory holds little value in practical
Cases provide the real management
situation to the students and carry a lot of
value for their shaping into professionals
Power to deal with situations
It ensures that the students acquire
managerial skills by rigorous personal
effort by questioning and debating all
possible situations and finding workable
It is the process of drawing out the
student’s mind, not of pouring in the
There is no standard formula, each case
highlights a specific decision situation
There are however certain general
procedures which can be utilized while
Reading the case carefully is
Read it at least twice and note
down important points.
Understand the difference
between problems and
Break down problems in to
Think logically and creatively to
solve the problems
Consider each possible course of action
individually while analyzing the strengths and
weaknesses of the company and its
Evaluate the pros and cons of the various
alternatives and eliminate the inferior options
on the basis of the facts available in the case.
You can also make certain assumptions on
the basis of your environmental knowledge to
solve business problems.
Finally reduce the possible solutions to two
Here comes the test of your ability to make
decisions under uncertainty.
If you have sound environmental
knowledge it helps you in making right
To improve that you must read business
publications – like news paper, magazines,
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