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What are the advantages and disadvantages of consulting

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Answers

Answer 1

Answer:

Advantages of Being a Consultant:

You can learn many skills

Consulting allows you to build a powerful network

You get responsible tasks from the beginning

Perfect if you like to travel

You learn to work with the latest technologies

You can work in project teams

Consulting allows you to see many new things

You can work with many clients

Continuous training

You can work with other motivated people in consulting

Consulting teams support each other

You work on demanding projects

Good for your CV

You learn how to deal with stress

Consultants can earn pretty good money

Great exit options

You can work on many projects

Consulting never gets boring

Explanation:

Disadvantages of Being a Consultant:

Pressure in consulting can be high

Strict deadlines are a problem

You will be pushed to your boundaries

Consulting can imply working long hours

You may be away from home during the week

Being a consultant can be lonely

Some people develop mental issues

No real work-life balance

Problematic in case you have children

You have to represent the company

Many of your colleagues will leave

Insecurity regarding what comes next

Great swings in workload

Unsatisfying outcomes

Success greatly depends on the project manager


Related Questions

WILL MARK BRAINLIEST

Which of the given items are examples of tangible and intangible fixed assets, respectively?

____ is a tangible fixed asset, while _____
is an example of an intangible fixed asset.


Blank 1
A. Equipment
B. Mortgage loan
C. Cash

Blank 2
A. Accounts receivable
B. Copyrights
C. Inventory

Answers

Answer:

I think blank 1- is B but not sur.

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NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.

Answers

Answer:

I think it's global economy

Which type of credit is most likely to be unsecured?

auto loans
credit cards
mortgage loans
personal loans]

Answers

Answer:

Last choice) personal loans

Explanation:

Net initial investment includes ________. Group of answer choices cash outflow to purchase new equipment, depreciation on new equipment, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment depreciation on new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and depreciation on new equipment

Answers

Answer:

The correct answer is the following option: Cash outflow to purchase new equipment, cash outflow for working capital and after-tax cash inflow from disposal of the old equipment.

Explanation:

To begin with. the term known as "Net initial investment" refers to a concept in the field of business, finances and accounting that represents the total amount of money that the investors a company or a project put it together in order to start the business. It is a very important matter of the capital budgeting use due to the fact that involves the cash for new equipment and new working capital as well as the after-tax cash inflow from disposal of the old equipment. Moreover, the correct apreciation and calculation of this concept involves a major contribution to the final returns to the shareholders, so that puts more importance in the term.

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?

A. $2,085

B. $2,000

C. $1,950

D. $1,545

Answers

Answer:

C

Explanation:

Answer:

1,950

Explanation:

A(n)
strategy determines the direction the organization will take in making directional decisions.
A. business
O
B. organizational
C. operational
O
D. corporate

Answers

corporate is the correct answer
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