The document outlines a case study analysis framework. It discusses how Harvard Business School developed case studies in 1920 to provide in-depth analysis of business problems and decision making processes. The 4 step framework involves: 1) defining the problem, 2) formulating alternative courses of action, 3) analyzing alternatives in terms of strengths and weaknesses, and 4) recommending an accepted course of action. The document also provides details on analyzing a firm's environment, industry, technology, political/social influences, and financials as part of a case study.
Introduces the concept of business cases, developed by Harvard Business School in 1920, focusing on in-depth business problem analysis and decision-making.
Describes a 4-step process for case study analysis: defining problems, formulating alternatives, analyzing pros/cons, and recommending actions.
Highlights the importance of analyzing the business environment, including economic, social, and industry factors affecting firm operations.
Discusses classification of industries and their characteristics, including oligopolistic markets and implications like high capital costs and pricing strategies.
Examines small independent firms, professional services, and government regulations, addressing entry barriers, pricing, and market conditions.
Highlights key factors influencing firm operations including technology, political-legal factors, industrial trends, and financial indicators.
Focuses on key objectives, constraints, management philosophy, strengths, weaknesses, and the marketing program within the firm.
CASE STUDY
• HarvardBusiness School developed the
use of business cases in 1920.
• It analysis in depth description or reports
of business problems.
• It reveals the decision making process
2.
CASE STUDIES ANALYSIS
FRAMEWORK
4Steps Process:
• Define Problem
• Formulated alternative Course of action to
solve problem
• Analyzed alternatives in terms of strength
& weakness
• Alternatives accepted Recommended
Course of Action
3.
PROBLEM
• It doesnot mean writing up a history of the firm but entails the type of analysis like
1. Environment
To study the environment in which the firm is opening like
1.1 Economic Environment: It can have a
decided effect on an industry, firm & making
program
Example – Depressed economy with high employment
may not be an ideal solution for
implementing a large price increase. Say
A/AI
1.2 Social and Cultural Environment
2. Industry
Categorized it by the Standard Industrial Classification (SCI):
4.
• Class
1. Afew giants (Oligopolistic)
Examples:
Aluminium Producers, Cigarette
Manufacturers
2. A few giant s and a relatively small
number of “independents”.
Examples: Auto Industry, Oil Industry,
Tyre Industry, meat processors
• Possible Implications
Price cutting is fruitless, Antitrust
action a hazard, Concerned action
leads to a monopolistic situation
facing the customers, Very high
capital costs to enter the industry
Price cutting by smaller
Companies, Follow –the- leader
Pricing, Antitrust action against the
giants a hazard, Monopolistic prices,
Squeeze on the independents
High capital costs to enter the
Industry
5.
3.Many small independentfirms
Examples: Food Brokers, Sales
representatives, Auto Supply parts,
Kitchen cabinet manufacturers, Real
estate firms, Tanneries
4. Professional Services Firms
Examples: Management
Consultants,Marketing Research
Firms, Advertising Agencies
5. Government regulated to a degree
Examples: Banking, Stock Brokerages,
Rail Industry
• Cost of entry low: Special services,
Usual Local Market, Threat of regional
or national linking into a majour
competitor, Sophisticated business
practices often lacking
• Confusion of standards, Easy
entry (and exit), Secretive
pricing, often based on what
the traffic will bear
• Entry is usually difficult, Government
provides a semimonopoly that may
lead to high profits or inability to
survive in a changing world
6.
After initial definitionand classification, attention should be paid to such factor as:
1. Technology
a. Level
b. Rate of Change
c. Technological Threats
2. Political-Legal-Social influences
a. Trends in Government contros
b. Specific Regulations
c. Social responsibility pressure
d. Consumer perceptions of industry
3. Industrial Guidelines and trends
a. Pricing Policies
b. Promotion
c. Product Lines
d. Channels of Distributions
e. Geographic Concentration
f. Increase or declines in firms or profitability
4. Financial Indicators
a. Financial Ratios
b. Working Capital Required
c. Capital Structure
d. Sources and uses of funds
e. Sales
f. Profitability
7.
The Firm
Key areasof concern objectives,
Constraints, management philosophy,
strengths, weakness, and structure of the
Firm
4. The Marketing Program