a Independent management consulting firms.. Examples of these firms are Accenture Consulting, Ernst & Young Consulting, First Investment Development, Inc.. Application of just-in-time in
Trang 1MANAGEMENT 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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Trang 2Chapter 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 C
2 C
3 A
4 B
5 D
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