🔍 The Detective Approach
Like a detective, you need to examine all the evidence carefully. Look for clues in financial data, customer feedback, employee comments and market conditions. Don't jump to conclusions - gather all the facts first!
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Unlock This CourseCase study analysis is a crucial skill for iGCSE Business Studies. It involves examining real or fictional business scenarios to identify problems, analyse causes and suggest solutions. Think of it like being a business detective - you need to gather clues, piece together the story and solve the mystery!
Case studies test your ability to apply business knowledge to real situations. They're not just about memorising facts - they're about showing you can think like a business manager.
Key Definitions:
Like a detective, you need to examine all the evidence carefully. Look for clues in financial data, customer feedback, employee comments and market conditions. Don't jump to conclusions - gather all the facts first!
PEAR is a simple framework to help you tackle any case study systematically. It stands for Problem, Evidence, Analysis and Recommendation.
This method ensures you don't miss important steps and helps structure your thinking clearly.
Identify what's wrong. Look for symptoms like falling sales, unhappy customers, or high staff turnover. Ask yourself: "What exactly is the issue here?"
Find proof from the case study. Use specific data, quotes, or facts. Numbers are particularly powerful evidence - profit margins, sales figures, or survey results.
Explain why the problem exists. Consider causes and effects. Use business theory to explain what's happening. This is where you show your business knowledge.
TechStart Ltd, a small software company, has seen profits fall by 30% this year. Employee turnover has increased to 40% and customer complaints have doubled. The CEO blames the economic downturn, but is this the real problem?
How you read the case study can make or break your analysis. Don't just read it once and hope for the best!
Professional analysts use this proven method to ensure they don't miss crucial details.
Read quickly to get the general story. Don't worry about details yet. Ask yourself: "What type of business is this?" and "What's the main situation?"
Read more slowly, highlighting key information. Look for numbers, dates and specific problems. Make notes in the margins about important points.
Read with the exam questions in mind. Look for information that directly answers what's being asked. This targeted reading saves precious exam time.
Every business decision affects different groups of people. Understanding who these stakeholders are and what they want is crucial for good case study analysis.
Different stakeholders often have conflicting interests, which creates business dilemmas.
Owners want profits, managers want success, employees want job security and fair pay. These groups work inside the business.
Customers want quality and value, suppliers want regular orders, communities want local jobs and environmental protection.
Local councils want business rates, national government wants tax revenue and employment, regulators want compliance with laws.
When a factory wants to expand, owners see profit opportunities, employees see job security, but local residents worry about noise and traffic. The business must balance these competing interests.
Knowing what examiners typically ask helps you prepare better answers. Most questions fall into predictable patterns.
Each question type requires a different approach and depth of answer.
These want factual answers from the case study. Look for specific information and quote it directly. No analysis needed - just accurate identification.
These need reasons and causes. Use business theory to explain why something happens. Start with the point, then explain the reasoning behind it.
These require deeper thinking about causes, effects and consequences. Consider multiple factors and how they interact with each other.
These ask for judgements and recommendations. Weigh up pros and cons, consider alternatives and make a justified decision based on the evidence.
Time pressure is real in business exams. You need a strategy to tackle case studies efficiently without rushing or running out of time.
Spend one minute planning for every ten minutes of writing time. This planning time is never wasted - it prevents you from going off-track.
For a 90-minute paper: 15 minutes reading and planning, 60 minutes writing answers, 15 minutes checking and improving. Stick to this timing religiously.
Use different coloured highlighters for different types of information: yellow for problems, green for financial data, pink for stakeholder views. This makes information easy to find when answering questions.
Learn from others' mistakes! These are the most frequent errors students make in case study analysis.
Avoiding these common pitfalls can significantly improve your marks.
Don't give textbook answers that could apply to any business. Use specific details from the case study to show you've read it carefully.
A solution that works for a large corporation might not work for a small family business. Consider the business's size, industry and situation.
Every business decision has financial implications. Always consider whether the business can afford your recommendations and if they're profitable.
A well-structured answer is easier to mark and more likely to score full marks. Follow these proven formats for different question types.
Point, Evidence, Explanation. Make your point clearly, support it with evidence from the case study, then explain why this evidence supports your point. This works for most question types.
Remember: case studies are about applying your business knowledge to real situations. Don't just repeat theory - show how it applies to the specific business in the case study. Use the business's name, refer to specific data and consider the unique circumstances they face.