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UF-GEB 3942 (Business Externship - Micro Consulting) - Latest Midterms Guide Q & S 2024.

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UF-GEB 3942 (Business Externship - Micro Consulting) - Latest Midterms Guide Q & S 2024.UF-GEB 3942 (Business Externship - Micro Consulting) - Latest Midterms Guide Q & S 2024.UF-GEB 3942 (Business Externship - Micro Consulting) - Latest Midterms Guide Q & S 2024.

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Uploaded on
October 22, 2024
Number of pages
18
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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GEB 3942



Business Externship(Micro
Consulting)




LATEST MIDTERMS GUIDE
Q&S




©2024/2025

,1. What is the primary advantage of micro-consulting?
a) Predictability in project scope
b) Low-cost due to short-term engagement
c) Long-term strategic execution
d) Extensive hands-on training

: b) Low-cost due to short-term engagement
Answer

Rationale : Micro-consulting often involves short, focused
projects that can be completed quickly and cost-effectively.

2. Which skill is MOST crucial for a micro-consultant to
cultivate?
a) Proficiency in Java programming
b) Expert knowledge of local business laws
c) Ability to quickly assess and solve specific business
problems
d) Capacity to manage large teams

: c) Ability to quickly assess and solve specific
Answer

business problems
Rationale : Micro-consulting focuses on rapid problem-
solving and delivering quick results.

3. Micro-consulting engagements are typically
characterized by:
a) Comprehensive long-term planning
b) Focused, actionable deliverables
c) Broad, multi-departmental integration
d) Low client involvement

: b) Focused, actionable deliverables
Answer

Rationale : Micro-consulting is targeted and result-
©2024/2025

, oriented with tangible outputs.

4. Which factor is the most significant challenge for micro-
consulting firms?
a) Establishing global networks
b) Maintaining large teams of consultants
c) Sustaining continuous client engagements
d) Investing in long-term infrastructure

: c) Sustaining continuous client engagements
Answer

Rationale : Due to their short-term nature, micro-
consulting projects require a steady pipeline of new client
work.

5. In an externship assignment involving micro-consulting,
what is the expected role of a business student?
a) Lead major change management initiatives
b) Perform comprehensive market research studies
c) Work on specific project tasks under supervision
d) Manage the client relationship independently

: c) Work on specific project tasks under supervision
Answer

Rationale : Externships typically provide students with
guided, hands-on learning opportunities on specific tasks.

### Fill-in-the-Blank Questions

6. The process of breaking down a broad business
challenge into smaller, manageable parts for quicker
resolution is known as __________.

: decomposition
Answer

Rationale : Decomposition is critical in micro-consulting
©2024/2025

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