All process consulting hopefuls needs to grasp the case interview. This WetFeet Insider advisor offers pointers on surviving the case interview; a proof of the various case kinds, with vintage examples of every; seven perform case questions you should use to perform utilising your new talents; specific examples of the way to reply to every one kind of case query, together with pattern interview scripts. BUS037020
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Additional info for Ace Your Case! Consulting Interviews (WetFeet Insider Guide)
Capacity constraints. Costs may jump significantly if new capacity can only be added in large chunks. For example, an auto company might be able to increase production up to full capacity, but, if it wanted to increase production after that, it might have to build a new facility, thus raising per-unit cost significantly if all the capacity weren’t completely used. 54 Copyright 2003 WetFeet, Inc. Economies of scale? Not necessarily! Just because a company has larger volume production it doesn’t necessarily have a lower cost structure.
This framework can be applied to many types of strategy questions, especially those involving a new opportunity, a new market, or changing cir- Case Interview cumstances in the industry. For example, if you’re looking at the opportunity for a medical device manufacturer to set up a new production facility in France, you might start by looking at internal factors related to the company’s strategic objectives and resources and then move on to the various external factors it will face as it explores the market opportunities in Europe.
These factors can also be important in assessing opportunities in new industries. If there are high fixed costs associated with a new venture, that means that capacity utilization will be key to making the venture work. You might hear a case question along the lines of, “The largest paper manufacturer has announced plans to build a new plant. ” When Case Interview you do, think about incorporating a discussion of fixed and variable costs into your response. The Good Old 2 x 2 (That’s Two by Two) Application: To a Consultant, Everything in Life Can Be Explained with a2x2 Take it from us—your consulting friends can explain everything they see in terms of a 2 x 2 matrix.