Real-World Problem Solving
A company wants to buy another company. What is this process called?
What is... Merger & Acquisition.
Name one of the "MBB" firms.
What is... McKinsey, BCG, or Bain?
What does MECE stand for?
What is... Mutually Exclusive, Collectively Exhaustive?
Consultants are famous for making what type of deliverable?
What are... slide decks/presentations?
If you're planning a campus event and need to divide tasks clearly with no overlap, what is it called when no events overlap?
What is... mutually exclusive. (MECE Thinking)
If a business wants to decide its long-term direction and growth plan, what do they need?
What is... a strategy?
Which four firms make up the "Big 4"?
Who are... Deloitte, PwC, EY, and KPMG?
Name 3 skills that are valuable in consulting (and pretty much every other career).
What is... problem solving, communication, teamwork, creativity, analytics, time management...
What's a common stereotype about consultants?
What is... only giving recommendations without implementation.
Which major could be successful in consulting?
What is... ANY major? (Business, STEM, Health, Education, etc...)
If Starbucks lines are too long and customers are frustrated, what kind of consulting helps fix it?
What is... operations consulting?
True or False: Accenture is one of the Big 4.
What is... False.
If someone asks, "How many cups of coffee are sold in Seattle each year?" What skill are they testing?
What is... market sizing/estimation?
Consultants often travel for work. Name one benefit of that lifestyle.
What is... exposure to new cities, networking, client experience, travel perks, etc...
If you analyze why your group project failed and suggest improvements, what are you doing?
What is... root cause analysis?
If a company wants to launch an app or use AI tools, what type of consulting helps?
What is... digital transformation/tech consulting?
Which big company, or popular CEO is notorious for disliking consulting?
Who is... Steve Jobs.
Which skill is most important for making strong presentations and telling a clear story?
What is... communication?
Consultants usually work in small what?
What is... a case team/project team?
Which famous singer used to be a former consultant, and graduated from U-Penn.
Who is... John Legend?