BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Management Consulting includes all of the following except
A
International mergers
B
Manufacturing processes
C
Financial forecasting
D
New product introduction
Explanation: 

Detailed explanation-1: -What Does a Management Consultant Do? Management consultants work with company executives and business leaders to identify organizational challenges, gather and analyze information, and develop and implement solutions. They often work on complex projects in a variety of industries and sectors.

Detailed explanation-2: -A financial forecast is a fiscal management tool that presents estimated information based on past, current, and projected financial conditions. This will help identify future revenue and expenditure trends that may have an immediate or long-term influence on government policies, strategic goals, or community services.

Detailed explanation-3: -FeedbackThe correct answer is: The use of consultants is generallymuch more expensive to the company than hiring full timenew managers and employees to provide professionaladvisory services.

Detailed explanation-4: -Financial consulting is a service provided by Certified Financial Consultants to large corporations, government agencies and individual clients. The role of a financial consultant is to provide an independent, expert opinion on a proposed business plan or decision.

There is 1 question to complete.