THE CONSULTING BIBLE How to conquer any consulting interview from fit questions to case studies Second edition Copyright 2009 Management Consulted. All Rights Reserved. Notice of Rights No part of this book and its contents may be reproduced‚ modified‚ or transmitted in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ or otherwise‚ without the prior written permission of the publisher (“Management Consulted”). Management Consulted www.managementconsulted.com 2 Table of
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When should the milestone payments received to date by SolvGen be recognized as revenue? A: FASB codification (605-28) milestone method SolvGen Inc. is gonging to use the milestone method to recognize the revenue. The milestone method is a recently issued method of recognizing revenue for research and development arrangements under which consideration to be received by the vendor is contingent upon the achievement of certain milestones(FASB codification (605-28) milestone method). Under
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Consulting Project Assignment Electronic Arts (EA) is a multi-billion dollar company that develops‚ markets‚ and publishes video games. It has been recognized for its innovativeness and its aggressive acquisition strategy (buying smaller development studios and then re-shaping them to fit into the corporate frame). It is also well known for its outrageous employment policies -- employees tend to work extraordinarily long hours (100 hours per week). EA has experienced a number of challenges during
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1. Describe the situation of the Lehman brothers from an ethics perspective. What’s your opinion of what happened here? Lehman’ executives exploiting loopholes in the accounting standards to manipulate their balance sheet in order to mislead the investing public is the ethical issue that contributed to the company’s collapse. Lehman was able to clear vast amounts of unprofitable assets off of its balance sheet instead of selling them at a loss by using Repo 105. There was evidence that the chief
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" or "Math bores me‚" investigate further. Your child may be stumbling over tricky concepts and feeling intimidated by the subject’s apparent difficulty. Often‚ a talented math or algebra tutor can make all the difference. Unlike history‚ social studies‚ geography‚ and many other subjects‚ math is not about memorization; it’s about teaching the brain to work in unfamiliar ways. The math tutoring specialists at Mathnasium of South Windsor‚ the top tutoring service in Hartford County‚ CT‚ are experts
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1. Why is the BlackBerry controversy prominent in Asia‚ particularly in the Middle East‚ and not anywhere else in the world? The blackberry controversy is prominent in Asia‚ particularly in the Middle East‚ and not anywhere else in the world because of the instability of the region‚ government corruption‚ and restricted freedoms. The governments in the Middle East are under threat and need all of the information on potential terrorist plots so they can get to protect their sovereignty. In order
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to take on something ‘bigger and bolder’?? World Bank (2001) with its Urban Transport Strategy Review alleged that the public transport has a very poor image and reputation. It is associated with very low earnings and exploited crews. In the case of the Philippines‚ we see how ‘boundaries’ set by transport operators leads to the despicable behaviour of drivers‚ thus contributing to the negative image of the sector. Moreover‚ urban congestion‚ adverse environmental impacts resulting from the
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development of the child is called developmental milestones. Developmental milestones are skills that a child develops in time. An example could be walking‚ for a child it could take less time for them to learn to walk however for other children it may take longer. Mostly the developmental milestone for walking a child develops it between the age of 9 and 15 months‚ however for some children it may take longer. The development of the milestones develops in a sequential pattern. The sequential pattern
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Telecommuting at MedEx The case is about a Human Resource Manager that is very concerned about the high turnover rate for the specialists at a company called MedEx. Turnover is very costly for the company and the manager‚ Harry Davis‚ wants to lower the turnover rate. Telecommuting came up as an idea to help decrease the turnover rate. The specialist job that they keep referring to has an intensive 3-week training but after that the specialist work independently on their work and so telecommuting
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Question #1 The innovation process has three steps; the concept‚ product technology and product technology. With this being said‚ I would plot the EEStor’s ceramic power source device on the product technology part of the innovation continuum. This is because the second part of the continuum is product technology‚ which is the development of a working prototype‚ which is what EEStor’s ceramic power source device is in now. Question #2 From a big picture perspective‚ there are many major arguments
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