I (Meaning and importance of Exports) Unit Structure
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6.9 CASE STUDY The case study method was first developed in 1871 by Christopher Lang dell at the Harvard Law School to make the students to learn for themselves by independent thinking and by analyzing problems or situations. A supporting objectives in to make the students to develop skills in using their knowledge . A case is a description about a problem or situation. The problem or situation may be real or hypothetical. A case sets forth, in a factual manner, the events and organizational circumstances surrounding a particular managerial situation. The essence of the students role in the case analysis is to diagnose and understand the situation described in the case and them to recommend appropriate solution or a action plan. Case Study Process Get an overview of the case Read the case thoroughly Analysis and Evaluation Recommendation Benefits from Case Study Lean by doing Increase ability ask right questions Identity and understand underlying problems Expose students to wide range of industries, organisation, functions and responsibility Strengthens students grasp of management theory Learn to take decision based on insufficient information Learn to deal with different view point (A) Case Study Beauty looks is a Delhi based partnership business dealing in making and marketing of artificial jewellery. The two partners are Kunal Gaurav and Nikhil Upadhaya. It was comfortable business with steady women customers who buy for themselves and others too. One of their regular clients is one Mrs. Meghna Lamba who visits the showroom twice a year and makes bulk purchases. Mrs. Lamba is resident of Bonn, Germany, she buys for her friends and acquaintances and sells at a higher price. Kunal and Gaurav review the purchases made by Mrs. Meghna Lamba and think of exploring the possibility of entering into export market. Diversification of business may sound lucrative but overseas markets are full of uncertainties and risks. They decide to depute their marketing |
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