AI for Consultants Quiz

Answers and explanations appear as you take the quiz.

1. What did the 2023 Harvard Business School and BCG field experiment describe?
   • AI made consultants worse at every task
   • A jagged frontier where AI helped on tasks within its capability but hurt on a task outside it
   • AI had no measurable effect on consultant work
   • Only senior consultants benefited from AI
2. Why does the guide warn that AI research synthesis is not neutral?
   • Models tend to repeat the most common view and may drop outliers that could be the key insight
   • Models always favor the client's opinion
   • Models only summarize the first document
   • Models refuse to summarize interviews
3. What is the safest way to use AI for quantitative analysis, per the guide?
   • Accept numbers stated in the chat reply
   • Ask the model to estimate from memory
   • Have the AI write code or formulas you can inspect and rerun
   • Average answers from multiple chatbots
4. Which practice fits the guide's confidentiality advice?
   • Paste client data into any free chatbot if names are included
   • Ignore client rules if the firm approves the tool
   • Assume all AI tools delete data immediately
   • Use firm-approved tools whose terms exclude training on customer data and follow client rules
5. In retrieval-augmented generation, what happens before the model answers?
   • The model retrains on all firm documents
   • Relevant document chunks are found by similarity search and placed in the model's context
   • A human manually types the answer
   • The model searches only its training data
6. What long-context weakness does the technical section mention?
   • Models cannot read PDFs
   • Models always ignore the first sentence
   • Models can pay less attention to material in the middle of long inputs
   • Long inputs make models refuse to answer
7. What apprenticeship concern does the guide raise for junior consultants?
   • If first-draft groundwork shrinks, juniors may have fewer ways to build judgment
   • Juniors will be required to code in assembly
   • Juniors will no longer meet clients
   • Juniors will only format slides
8. What slide convention does the guide say AI can help with in storylines?
   • Using as many bullet points as possible
   • Placing conclusions only in footnotes
   • Removing all headlines
   • Action titles, where each slide headline states the conclusion