Which finance career classification involves analyzing a firm's business processes and strategies as well as recommending a change in practice in order to make a firm more competitive?

Question

Quizplus · Accepted Answer

Consulting typically involves analyzing a firm's operations, identifying inefficiencies or areas for improvement, and providing recommendations for change to increase competitiveness. Corporate finance focuses on managing a company's financial strategy and resources, commercial banking involves providing financial services to businesses and individuals, and investment banking involves underwriting and executing financial transactions like IPOs and mergers and acquisitions. While all of these fields may involve some analysis and strategic recommendations, consulting is the most focused on this type of work.

Which Finance Career Classification Involves Analyzing a Firm's Business Processes