ADMS 2500 Lecture Notes - Lecture 1: Nebulous, Missing Data, Diaphragmatic Breathing

• School: York University
• Department: Administrative Studies
• Course: ADMS 2500
• Professor: Brian Gaber

Document Summary

Ap/adms 2500 lecture 3 case anaylsis. No cases in adms2500: this course is introductory, what we will see in this course will be mini-cases . Note: skipping steps in accounting leads to errors! Attempt to simulate reality and complexity of real world. Question types in a problems course: question vs exercise vs problem vs case. Importance of case skills to the business graduate (and accounting major) Some business schools teach entirely through cases: pros & cons of such approach, harvard, western, schulich etc Case analysis is a learned skill requiring both: technique, practice. 5: often requires a recommendation rather than an answer time pressure often exacerbated. Sometimes completely changes the orientation of the case. Should list as major and minor and attack major problems first. Assumptions requires you to make one or more assumptions to do justice. Alternatives think of more than one plan in case the first plan gets rejected. Analysis always in two pats (quantitative and qualitative)