Practice Of Consultancy(Pmgt 045) (Pscm 045) Question Paper

Practice Of Consultancy(Pmgt 045) (Pscm 045)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO Question.
Question One
Differentiate between the following;
Consulting and training
(5 Marks)
External and Internal consultants
(5 Marks)

Explain clearly the merits and demerits of engaging an internal consultant.

(10 Marks)
Explain FIVE reasons why an enterprise should use a business consultant.
(10 Marks)

Question Two
Mwema enterprises has two business outlets through the KMC franchise. The proprietor has decided to open two more outlets along Thika super highway. He has contracted a consultant for the advice. As the consultant of choice, write a proposal. (20 Marks)

Question Three
In any consulting business, the consultant and client have to work hand-in-hand in order to achieve the set goal and objectives. Explain how the relationship can be sustained. (20 Marks)

Question Four
Explain the consulting processes used by the consultant in any project.
(20 Marks)

Question Five
Define the following;
Contract
Terms of reference
Consultancy
Client

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