A consulting firm, often known as a consultancy, is a professional service firm that charges a fee for expert advice. Consulting Businesses can provide services in a variety of fields, such as management, engineering, marketing, and so on. Management consultants, in particular, engage with company executives to provide generalists and industry-specific specialists, referred to as subject-matter experts, who are normally schooled in management or business schools. Many consulting organizations offer implementation assistance, either from the consultants themselves or via technicians and other professionals. This is referred to as outsourcing. Advisory services are segmented differently in different organizations and nations. One method is to divide services into four main service delivery families based on the managers who will be receiving them such as services directed to the CEO that is connected to the company's overall strategy, management, financial management, taxes, accounting, and regulatory compliance services for the CFO, etc.
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