One of the challenges of business can be a contest or project that gives business students the opportunity to apply their learning. Many business schools have responsibilities for different types of challenges, such as contests for writing a business plan. Other problems may be part of class work, such as case studies.
Case Study
Case studies are common challenges. Students are presented with a case. The case usually involves a problem that students need to propose solutions. The case is presented with supporting information, financial data and other information that students might need. The case can be real or fictional. Sometimes students are required to settle the case within a certain period of time. There may also be a presentation into account as part of the case.
Business Plan
Business plans are often prepared by business students at the university. A business plan is a roadmap for starting and operating a business. It describes all the key information and data the company needs to start and what is needed to continue. The business plan with budgets, the projected figures and supporting financial data to indicate why the business is successful.
Market Research
A market study and feasibility feasibility study is a research-based project that requires students to evaluate the market, industry or type of business to assess the potential profitability and viability. The project is usually strongly based on empirical data or quantitative. Students often make recommendations or predictions about the subject.
Theory
Another challenge for research-oriented has its roots in theory. There are certain theories or paradigms that are commonly accepted. Students or propose a new theory or evaluate an existing theory by discussing the merits and defects of that theory. Students may also choose to compare theories
