Management consultancy by cabrera chapter 02 answer

MANAGEMENT CONSULTANCY - Solutions Manual

CHAPTER 2
AREAS OF MANAGEMENT ADVISORY SERVICES
– PART I
I.

Questions
1. Refer to page 20, par 3
2. (a) Independent management consulting firms. Examples of these
firms are Accenture Consulting, Ernst & Young Consulting, First
Investment Development, Inc.
(b) Public Accounting firms
(c) Individual practitioners
(d) Internal consulting groups
(e) Research-oriented organizations.
3. Refer to pages 34 to 36
4. Refer to pages 17 and 18
5. (1) Manufacturing
a. Development of standard costing system
b. Application of just-in-time inventory system
(2) Finance and Accounting
a. Improvement of general and cost accounting system
b. Capital investment analysis
(3) Marketing
a. Evaluation and improvement of the distribution system
b. Assessment of the effectiveness of the firm’s marketing
strategy
(4) International operations
a. Market research
b. Logistics

(5) Procurement of materials and supplies
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Chapter 2

Areas of Management Advisory Services – Part I

a. Logistics in ordering materials and supplies including choice of
suppliers; quantity and quality decisions, receipt and issuance
procedures, etc.
b. Evaluation of system effectiveness and efficiency
6. Refer to pages 21 to 27
II. Multiple Choice Questions
1.
2.
3.
4.
5.

C
C
A
B
D

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