Test Your Knowledge on the Ethics and Challenges of Consulting Relationships

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Questions and Answers

What is the primary focus of consulting?

  • Providing subjective advice to clients
  • Prioritizing the consultant's self-interests
  • Establishing trust with clients (correct)
  • Guarding against clients' skepticism

What is the consultant's responsibility in the consultation process?

  • To prioritize their own biases
  • To organize and direct the process (correct)
  • To prioritize their own self-interests
  • To view clients with skepticism

Why are the legal and ethical ramifications of the trust relationship important?

  • To prioritize the consultant's self-interests
  • To establish trust with clients
  • To guard against clients' skepticism
  • To protect clients' reputations (correct)

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Study Notes

  • Consultants must give objective, independent advice to clients.
  • They must guard against their own biases and self-interests.
  • Consultants must prioritize loyalty and care to clients.
  • Clients may view consultants with skepticism.
  • Establishing trust is critical to success.
  • The consultant must organize and direct the consultation process.
  • Clients' reputations are at stake in the consultation process.
  • Consulting is primarily a relationship business.
  • The quality of the relationship is crucial to the consultant's success.
  • The legal and ethical ramifications of the trust relationship are important.

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