The First Goal of a Consultant Hired to Solve a Problem

question 90

Multiple Choice

The first goal of a consultant hired to solve a problem in an organisation should be to

• A) recognise that the organisation has always been this way and that little can be done to change it.
• B) learn as much as possible about the organisation and the people within it.
• C) generate an action plan, with specific targets and completion dates.
• D) focus exclusively on changing the reward system, since everything else depends on it.
• E) make sure employees know that the consultant has come to solve the company's problems.

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Definitions:

Balance Sheet Columns

Sections within the balance sheet that categorize assets, liabilities, and equity accounts to display a company's financial position at a specific point in time.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders, which is reinvested in the business.

Annual Revenues

The total amount of money received by a company for goods sold or services provided during a fiscal year.