- What is alternatives in case analysis?
- How many alternatives is ideal in writing case study analysis?
- What are examples of analysis of alternatives?
- How do you choose the best alternative in decision making?
What is alternatives in case analysis?
Alternatives open to the decision maker, which may or may not be stated in the case. Conclusion: sets up the task, any constraints or limitations, and the urgency of the situation.
How many alternatives is ideal in writing case study analysis?
Three or four alternatives are usually sufficient for a typical case. One alternative that should always be considered is the maintenance of the status quo. Sometimes doing what you have been doing is the best course of action. The heart of the case method is the analysis of alternatives.
What are examples of analysis of alternatives?
Examples include, life-cycle costing (which is a costing method that considers the expenses at each stage of an asset's life cycle duration), and cost-benefit analysis (which is the process of measuring the benefits and costs of a choice or project along with the alternatives to have an unbiased scale for assessment).
How do you choose the best alternative in decision making?
First, the alternative should match the goals and objectives of the business. Second, the alternative should match the current assessment of the strengths of the business. Third, market opportunities need to exist for the products. Lastly, the product should be able to be made efficiently and effectively.