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Quiz On Conducting On Consulting Assignment (GROUP5)

This document contains 30 statements related to problem-solving, management advisory services, and decision-making. The statements are either true or false. It provides a list of concepts and terms to test one's knowledge.

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Makoy Bixenman
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48 views3 pages

Quiz On Conducting On Consulting Assignment (GROUP5)

This document contains 30 statements related to problem-solving, management advisory services, and decision-making. The statements are either true or false. It provides a list of concepts and terms to test one's knowledge.

Uploaded by

Makoy Bixenman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1. Correlation explains causations.

FALSE
Causations explains correlations.

2. Facts cannot be gathered by observing the FALSE


employees of a client perform their job-related Can be
duties.
3. The level of time may determine the relative FALSE
urgency and importance of initiating a particular level of intensity
problem-solving process.
4. Facts and arguments should be presented in a TRUE
clear, concise, and nontechnical manner.

5. PEST means political-ecological-sociological- FALSE


technological. political-economic-sociological-
technological
6. An economic review identifies potential FALSE
improvements to the implemented system and future performance review
estimates the effort required to implement these
improvements.
7. To improve deliveries of goods so that by the FALSE
end of the year 95.5% of all deliveries are made 99.5%
on time.
8. Each phase has no distinct purposes and FALSE
occupies a separate time period within the overall Each phase has distinct purpose
process.

9. Solution development phase is the important FALSE


and lengthy phase that follows the Implementation Implementation is the important and
during a problem-solving process. lengthy phase that follows the
solution development phase

10. A problem does not require the suitable FALSE


tolerances be defined at the outset. does require

11. INTERNAL RESOURCES. Source: FALSE


Accounting; Fact: Inventory Status. Sources: Manufacturing

12. A thorough post-implementation evaluation TRUE


should be conducted shortly after the solution has
been fully in implemented. Report should be
prepared as written documentation of the
evaluation and presented to management.
13. Solution development is the third phase of the TRUE
problem-solving process.
14. Environmental feasibility pertains to the FALSE
usability of each solution alternative in Operational Feasibility
environment and the persons for whom it is
intended. Example areas to be considered are:
capability of management, maturity of the
organization, political environment, etc.
15. Client documentations are the third important FALSE
source of facts. second important

16. Avoid expressing value judgments when TRUE


interacting with persons being observed.
17. The CPA should not and cannot take the TRUE
responsibility for making management and policy
decisions in any MAS engagement.
18. Association is more precise than correlation. FALSE
Correlation is more precise than
association

19. Technical feasibility concerns the ability of FALSE


each alternative solution to meet the legal Legal feasibility
requirements imposed by outside authorities.

20. The general rule to be followed using a TRUE


decision process is "Choose the alternative
solution that yields the best fit or value relative to
the established criteria”
21. SCAMPER approach. This acronym stands TRUE
for Substitute, Combine, Adjust, Magnify, Put to
other uses, Eliminate and Reverse.
22. The first question asked and the last question TRUE
that a consultant answers during the problem
definition phase is “What is the problem?”

23. A consensus of the opinions is used to arrive TRUE


at a decision.

24. Delphi approach. This employs an idea- TRUE


generation concept similar to brainstorming.
Experts are individual polled for ideas and these
ideas are subsequently summarized and presented
to each participant.
25. Questionnaire is best used when the persons TRUE
from whom the consultant wants information are
physically removed and travel is prohibitive or
when numerous persons are to be asked and the
facts to be so determined are verifiable from other
sources.
26. Maximax approach which consists of (1) FALSE
weighting the outcomes for the states of nature by Expected value calculation
the probabilities of occurrence, (2) adding up the
weighted outcomes to obtain the expected value of
the payoff for each solution alternative, and (3)
choosing the solution alternative having the
maximum expected payoff.
27. Personal traits of involved managers and FALSE
employees including intelligence, motivation, humble is not included
leadership, quality, dependability, trustworthiness,
humble and interpersonal skills.
28. Human elements of the problem is the FALSE
geographic point or points where it occurs While Location or focus of the problem
in most problem situations the location can be
easily determined, in some extreme situations the
location may require laborious retracings of
tangled paths.
29. Human-related elements should be identified TRUE
and assessed in the statement of the problem.
Example is Tenure of involved managers and
employees.
30. Interim presentations and written reports TRUE
should be made throughout the solution
development phase.

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