Drawing on conversations with those that have braved the consulting interview gauntlet, this booklet outlines universal query forms, bargains find out how to assault every one, and provides 15 all new perform questions culled from real consulting interviews. As regularly, we persist with the perform questions with a considerate dialogue of the way to technique the case and related situations in addition to steered solutions.
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Extra resources for Ace Your Case IV: The Latest and Greatest (WetFeet Insider Guide)
Candidate: Since there are 128 ounces of coffee in a gallon, and 1,152 ounces of coffee sold per hour at Starbucks, that means that there are 9 gallons of coffee purchased each hour. Lastly, assuming that the Hummer has a tank much bigger than the average car, a tank that holds say 45 gallons of gasoline, it would take a Starbucks five hours to sell enough coffee to fill the tank. Having navigated all of the somewhat tricky parts of the case, the candidate wraps up succinctly and confidently. Interviewer: Well done.
2. Apply a framework. 3. Think action! The Practice Range 31 CASE 5 The general manager of a popular ski resort has called on you to help her figure out why her resort has been experiencing declining profits over the past three years. How would you help her? Key questions to ask: The Practice Range Basic equations/numbers: How you’d track the numbers down: 32 CASE 6 Your client is a publisher of romance novels that sells to retail bookstores. The standard arrangement in the industry is that publishers must reimburse their customers at the end of the year for any unsold inventory.
The average wholesale price of a book in 2002 was $10. • It costs the client $5 on average to make a single book. The Practice Range • The romance novel segment of the publishing industry has been flat for almost a decade, and is expected to remain so in coming years. • In 2002, the bookstore sent back 20 percent of its order to the client at the end of the year. Key questions to ask: 33 CASE 6 ... continued What are the main issues? The Practice Range Key approaches/frameworks: Possible courses of action: 34 CASE 7 A non-profit in Baltimore runs two separate after-school clubs for children.