Case interviews are typically utilized by consulting firms. You are not expected to arrive at a "right answer" but rather demonstrate how you break down a problem into manageable pieces. Some methods for arriving at sound case interview answers include:
- Organize - After you clarify, organize a response. It is perfectly fine to take a minute to think through your answer. In fact, most interviewers find it preferable
- Substantiate - Provide logical back-up for your answers. Be sure to explain what case facts led you to your conclusion.
Sample Case Study Interview Questions:
- How many taxi cabs are there in Chicago?
- Estimate the size of the videotape rental market in Hong Kong.
- The LA Philharmonic is losing money. What would you suggest they do?
- You are advising a credit card company that wants to market a prepaid phone card to its customers. Is this a good idea?
- You're a utilities company in a small town and you're having trouble getting your customers to pay on time. What do you do?
- What is a company that you follow closely? Is it a good investment? (used in a financial case interview)
- A chain of grocery stores currently receives its stock on a decentralized basis. Each store deals independently with its suppliers. The president of the chain is wondering whether the firm can benefit from a centralized warehouse. What are the key considerations in making this decision?
- For additional case interview resources, go to www.box.net (username: email@example.com, password: goramblers)