A “consulting firm” is a sole proprietorship, partnership or corporation whose business purpose is the provision of professional consulting services. These consist of an explanation of facts based on knowledge and analysis in conjunction with the resulting assessment of alternative courses of action, which culminates in a recommendation. The terms “consulting company” and “consultancy” are also common.
The definition given above was proposed as part of the Digital Era Framework by Dr. Dr. Jörn Lengsfeld. The text was first published in: Jörn Lengsfeld: Digital Era Framework. Please refer to the original publication if you want to cite the text.
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