consulting
Definition
The providing of expert knowledge to a third party for a fee. Consulting is most often used when a company needs an outside, expert opinion regarding a business decision. For example, a company seeking to sell its products abroad may look for a consultant familiar with the business practices of the target country. The consultant will tell the company what best practices should be followed, what to expect from customers, and how to deal with foreign regulations.
consulting is in the Banking, Commerce & Finance, Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
consulting appears in the definitions of the following terms: account, Values, Attitudes, and Lifestyles System (VALS-2), consultant, time-based competition, management consulting, portfolio planning matrix, protocol and coherent market hypothesis
consulting appears in the other term:
This content can be found on the following page:
http://www.businessdictionary.com/definition/consulting.html
email to a friend
print this definition
cite this definition
link to this page