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BCRW FLEX > Lecture 09 # Case Method of Learning > Flashcards

Lecture 09 # Case Method of Learning Flashcards

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1
Q
  1. What is the Case Method of Learning?
A

An educational approach where students analyze and discuss real-life cases or scenarios to develop critical thinking and problem-solving skills.

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2
Q
  1. What are the key aspects of the Case Method of Learning?
A
  1. Real-World Context
  2. Student Engagement
  3. Critical Thinking
  4. Discussion-Based Learning
  5. Application of Theory
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3
Q
  1. Define “Finished Cases Based on Facts.”
A

Finished cases are real-world situations that have already been resolved, providing detailed information about the problem, analysis, solution, and outcomes.

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4
Q
  1. Define “Unfinished Open-Ended Cases.”
A

Cases that present a problem without a resolved outcome, encouraging participants to propose solutions and explore various possibilities.

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5
Q
  1. What are Fictional Cases?
A

Hypothetical scenarios designed to simulate real-world problems, used for practicing problem-solving and analytical skills.

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6
Q
  1. What are Original Cases?
A

Newly developed cases based on real-life situations not widely known or studied, often from recent events or unique organizational challenges.

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7
Q
  1. What are strategies to overcome the challenge of lack of preparation in the Case Method?
A

Here are some strategies to overcome this challenge,
1. Pre-case assignments
2. Clear classroom guidelines

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8
Q
  1. How can unequal participation in case discussions be addressed?
A
  1. Structured discussions (round-robin, small group)
  2. Active facilitator involvement to encourage balanced participation
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9
Q
  1. List strategies to help students with limited real-world experience.
A
  1. Provide contextual background
  2. Invite guest speakers for insights
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10
Q
  1. What are effective techniques for reading a case properly?
A
  1. Previewing
  2. Skimming
  3. Reading
  4. Scanning
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11
Q
  1. Define “Previewing” in case reading.
A

Quickly reviewing the case for an overview of its content, structure, and key elements.

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12
Q
  1. What is “Skimming” in case reading?
A

A fast reading technique to glance over the text and identify main ideas and key points.

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13
Q
  1. Define “Scanning” in case reading.
A

Quickly looking through a case to find specific information, using keywords, and checking tables or charts.

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14
Q
  1. What are the main case analysis approaches?
A
  1. Problem-Solution Approach
  2. SWOT Analysis
  3. PEST Analysis
  4. Porter’s Five Forces
  5. Root Cause Analysis
  6. Decision Matrix
  7. Case Frameworks
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15
Q
  1. What is the Problem-Solution Approach in case analysis?
A

Focuses on identifying the main problem and proposing solutions based on analysis.

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16
Q
  1. Define SWOT Analysis.
A

Evaluates Strengths, Weaknesses, Opportunities, and Threats of a situation or organization.

17
Q
  1. Define PEST Analysis.
A

Analyzes Political, Economic, Social, and Technological factors affecting a case.

18
Q
  1. What is Porter’s Five Forces analysis?
A

Analyzes industry competition through five forces: competitive rivalry, threat of new entrants, bargaining power of suppliers, bargaining power of buyers, and threat of substitutes.

19
Q
  1. What is Root Cause Analysis?
A

Identifies the fundamental cause of a problem to address it effectively.

20
Q
  1. What is the Decision Matrix approach?
A

A systematic approach to evaluate and prioritize options based on predefined criteria.

21
Q
  1. What is the Case Frameworks approach?
A

Case Frameworks are structured approaches used to analyze business problems, helping to break down complex situations into manageable components for problem-solving.

22
Q
  1. What are some Dos of case analysis?
A
  1. Understand the case thoroughly
  2. Identify key problems
  3. Gather relevant data
  4. Apply analytical frameworks
  5. Develop actionable recommendations
23
Q
  1. What are some Don’ts of case analysis?
A
  1. Avoid skimming the case
  2. Don’t ignore minor details
  3. Avoid personal biases
  4. Don’t propose unrealistic solutions
24
Q
  1. What are the steps of case preparation?
A
  1. Identify case preparation needs
  2. Develop case leads
  3. Initial clearance
  4. Data collection
  5. Prepare the case outline
  6. Draft the case report

BCRW FLEX (12 decks)

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