Buss 421:Business Consultancy Question Paper

Buss 421:Business Consultancy 

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012



KENYA METHODIST UNIVERSITY

END OF 2ND TRIMESTER 2012 (EVENING) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 421
UNIT TITLE : BUSINESS CONSULTANCY FOR SMALL
ENTEPRISES


TIME: 2HRS


INSTRUCTIONS:

Answer THREE Questions only
Question ONE is Compulsory and attracts 30 marks
Other Questions attracts 20 marks each

QUESTION ONE

The Directors of "Never the same" Consulting limited have come across an advertisement in one dailies requesting for expression of interest for consulting services for performance evaluation and implementation of the public financial management reforms strategy (2011-2012) under the ministry of Finance, Government of Kenya.

The essential background information was that one government of Kenya through the ministry of Finance has received funds from the group of development partners namely DANIDA, CIDA, and SWEDEN towards the cost of Public Financial management Reform Programme (PFMR).

The government intends to use part of these credit/grants to make eligible payments under the contract for consultancy services for performance evaluation of the implementation of the 2011-2012 Public Financial Management strategy and the transitory period to June 2012.

Required
a) Briefly explain your understanding of the term "Expression of Interest"
(2marks)


b) As a qualified and duly registered consulting firm, what would be:
i) Specific objective of the consultancy. (3marks)
ii) Scope of assignment (3marks)
iii) Three objectives of both the evaluation and implementation.(PFMR)
(4marks)
iv) Expected qualification and experience of the consulting firm.
(10marks)


c) Distinguish between multilateral and bilateral. (4marks)


d) Explain the likely challenges the consultant is likely to face. (4marks)

QUESTION TWO
a) "Initial contract and engagement to a potential consulting relationship may come from any of 3 sources". Briefly describe these sources. (10marks)


b) Design a clear evaluation plan for a consultancy project. (10marks)

QUESTION THREE
a) Discuss the pros and cons of consulting for a small green grocer
business. (10marks)


b) Using relevant examples, explain FIVE reasons why you would

recommend business counseling to a small scale entrepreneur.

(10marks)

QUESTION FOUR
a) Explain FIVE reasons why there is a growing need for consultancy in a growing economy. (10marks)


b) Consultants do not advertise themselves for ethical reasons, yet they need to be known. Explain FIVE indirect methods that consultants use to get clients. (10marks)

QUESTION FIVE
a) Using relevant examples, explain FIVE factors that might affect the implementation of a business consultancy assignment. (10marks)


b) Discuss the critical competencies in an action planning in a consultancy assignment. (10marks)






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