Generic Consultancy Frameworks Consultancy Finance Consulting Firms & Best Practice Fast Math Drills
What is Porter's 5 Forces
Threat of new entrants & substitutes, bargaining power of suppliers & buyers, competitive rivalry
\$48.60

= \$50.00 * 1.08 * 0.9 = \$48.60
At one of Menards furniture store a chair was for sale for \$50.00. Because the store manager thought he could get more money for the chair, he increased its price by 8%. After a week, the chair had not been sold. The manager then discounted the new price by 10%, and the chair was finally sold. For how much was the chair sold?
What is PwC

http://edition.cnn.com/2017/02/27/entertainment/oscars-mix-up-pricewaterhousecoopers/
This consulting firm was responsible for the Oscars awards blunder.

(Best Picture awarded to wrong movie)
What is 28%

= (10 + 40*0.1) / (10 + 40) = 14/50 = 28%
If 10 gallons of orange juice are added to 40 gallons of a mixture that is 10 percent orange juice, then what percent of the resulting mixture is orange juice?
What is the BCG Matrix

e.g. High business growth rate and low market share = Question Mark
75%

= 1.4*1.25 - 1 = 1.75 - 1 = 0.75 = 75%
Calvin Klein, a high-end fashion designer sold a pair of jeans to a retail store for 40% more than it cost to manufacture the pair of jeans. A customer bought the jeans for 25% more than the retailer paid for them. The price the customer paid was what percent greater than the manufacturing cost?
What is The Big 4?
PWC, Deloitte, EY, and KPMG are known as this group.
What is 45,000

= 72,000/(1+0.6) = 45,000
The number of Wi-Fi hot spots in the U.S. last year numbered 72,000; up 60% from the year before. How many Wi-Fi hotspots were there the year before?
What is Porter's Generic Strategies

(Cost leadership, Differentiation, Cost focus, Focused differentiation)
18000

= \$800,000*0.75*0.03 = \$18,000
As the real estate housing market cools, some listing Realty companies are offering the buyer a 75% rebate on the commission that they paid. The real estate commission is usually 6% of the purchase price and is split between the listing broker and the selling broker. Thus, the buyer would get 75% of the 3% back. How much would a buyer get back if the bought an \$800,000 house?
What is The Code of Professional Conduct
The Chartered Institute of Management Consultants has all members bound by this set of standards.

Hint *TCPC
What is 83

= 581/(3+4) = 83
This year the full-time MBA class at Northwestern University Kellogg School of Management has a total of 581 students. If the ratio of girls to boys in the class is 3:4, how many more boys than girls are in the class?
What is the 7 P's of the Marketing Mix
Product, price, place, promotion, people, processes, physical evidence
\$6100

= \$800*20 - \$300*5 - \$600*14 = \$6,100
LG Electronics is an air conditioning company that sells a line of 20 different models with an average retail price of \$800. If none of their products sell for less than \$300, and exactly 5 sell for less than \$600, what is the greatest possible selling price for their most expensive air conditioning product?
What is the Principal?
In a consulting company's hierarchy, this role ranks immediately above senior associate/consultant and below partner.
What is \$4000

= \$10,000 * (10-2) / (2+3+5+10) = \$10,000 * (8/20) = \$4,000
Susan, Bree, Lynette and Gabby make contributions to a Wisteria Lane fundraiser in the ratio of 2:3:5:10 respectively. If their total combined contribution is \$10,000, how much more money does Gabby contribute than Susan?
What is a Scorecard (or Final/annual Statements)
Revenues, earnings, market share, quality, employee morale, customer satisfaction metrics
\$514.8

= \$2,000 million * (200/777) = \$514.8 million
According to a recent Wall Street Journal report, Facebook had net income of \$200 million in 2009 on revenue of \$777 million. Figures for 2010 weren't disclosed yet, but analysts have said the company's revenue last year (2010) could be as much as \$2 billion, fuelled by advertising growth. If Facebook maintained the same profit margin as in 2009, what would be their net income in 2010?
What is Capgemini?

https://www.cnet.com/uk/news/ernst-young-sells-consulting-unit-to-cap-gemini/
Between 2000 and 2002 EY sold its consultancy practice to which company?
What is 5.5

= (4.90-1.75)/0.15 + 1 = 3.15/0.15 + 1 = 22 22 * 0.25 = 5.5
American Taxi, a local Chicago taxi company charges \$1.75 for the first quarter of a mile and 15 cents for each additional quarter of a mile. What is the maximum distance someone can travel with \$4.90?