MANAGEMENT CONSULTANCY - Solutions Manual

CHAPTER 6 ORGANIZATION AND MANAGEMENT OF THE MAS PRACTICE

I. Questions 1. The qualifications usually sought in hiring MAS personnel are 1. Adequate academic preparation An undergraduate degree in business, engineering is usually required while some graduate studies or masters degree is desirable. 2. Practical experience in business, education or government service is also desirable because MAS engagement demands logical and disciplined thinking. 3. Ability to work and communicate with clients personnel and coemployees in the MAS division, inquisitive mind, high degree of intelligence, pleasing personality, diligence and aggressiveness are the other personal attributes required of MAS personnel. 2. Refer to page 112, par 1 3. Refer to page 112, par 1 4. Refer to page 112, par 2 5. Refer to pages 113 to 114 6. Refer to pages 115 to 117 7. Refer to page 117 8. Refer to page 118 9. Refer to pages 118 to 119 6-1

Chapter 6

Organization and Management of the MAS Practice

10. Refer to page 120 to 121 11. Refer to page 122 12. Refer to Appendix A.1 13. Balance Sheet (Appendix A.2), Income and Expense Statement Forecast (Appendix A.3) and Cash Flow Budget (Appendix A.4) 14. Refer to Appendix A.5 II. Multiple Choice 1. 2. 3. 4. 5. C C B A C 6. C 7. D 8. C

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