1) Evaluate the average industry profitability based on a five-force analysis. Of the five forces affecting the consulting industry, which one do you think is the most significant?

2) Which segment of the broad consulting industry will provide the best likelihood of success for a potential new entrant?

3) Based on Question 2, how would you prepare to have the right combination of educational qualifications and practical experiences in order to compete successfully in that segment?

4) As a consultant to the consulting industry, please advise how consulting firms can best prepare themselves for competition in the postcoronavirus environment.