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

Practice Of Consultancy(Pscm 045) (Pgmt 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 questions.
Question One
Define the term contract and explain briefly when it is used in consultancy.
(5mks)
Explain the different types of contracts.
(10mks)
Consultancy business requires negotiation before finalizing the contract. Explain the negotiation tips necessary in any contract.
(15mks)

Question Two
Define consultancy and explain its characteristics.
(15mks)
How can business consultants be used?
(5mks)

Question Three
Explain the factors that hinder change ina na organization.
(5mks)
During consultancy, communication is essential. Explain the components required for effective communication.
(10mks)

Question Four
Successful entrepreneurs hire consultants for various reasons. Explain five generic reasons.
(10mks)
Explain five essential qualities of first class consultants as categorized in consultancy.
(5mks)

Question Five
Explain the five basic phases that consultants used during typical assignments in an organization. (15mks)

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