Case Studies Case Study Analysis Methods 1

Question 1

Which analytical framework is most commonly used to evaluate the internal and external environment in a business case study?

Accepted Answer

SWOT Analysis

Answer

SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats) is the most widely used framework for assessing both internal and external factors in business case studies.

Question 2

In case study analysis, what does the acronym PESTLE stand for?

Accepted Answer

Political, Economic, Social, Technological, Legal, Environmental

Answer

PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental — a macro-environment analysis tool used in case studies.

Question 3

What is the primary purpose of a root cause analysis (RCA) in a case study?

Accepted Answer

To identify the fundamental reason a problem occurred

Answer

Root cause analysis aims to find the fundamental underlying cause of a problem rather than addressing only its symptoms.

Question 4

Which case study analysis method involves asking 'Why?' five times to reach the root of a problem?

Accepted Answer

The 5 Whys Technique

Answer

The 5 Whys Technique, developed by Sakichi Toyoda, involves iteratively asking 'Why?' to drill down to the root cause of a problem.

Question 5

When conducting a quantitative analysis in a case study, which of the following best describes a key step?

Accepted Answer

Applying statistical methods to numerical data to identify patterns

Answer

Quantitative analysis involves applying statistical methods to numerical data to identify measurable patterns and relationships.

Case Studies Practice Test

Case Studies Practice Test

Case Studies Case Study Analysis Methods 1