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A consulting firm or simply consultancy is a professional service firm that provides expert advice for a fee. Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on. Management consultants, in particular, typically work with company executives and provide them with generalists and industry-specific specialists, known as subject-matter experts, usually trained in management or in business schools. The deliverable of a management consultant is usually recommendations for achieving a company objective, leading to a company project. Many consulting firms complement the recommendations with implementation support, either by the consultants or by technicians and other experts. This is called outsourcing. Consulting services are part of the tertiary sector and account for several hundred billion dollars in annual revenues.
Micronesia is a subregion of Oceania, consisting of about two thousand small islands in the western Pacific Ocean. The region has a tropical marine climate and is part of the Oceanian realm. It includes four main archipelagos—the Caroline Islands, the Gilbert Islands, the Mariana Islands, and the Marshall Islands—as well as numerous islands that are not part of any archipelago. Nationally, the primary income is the sale of fishing rights to foreign nations that harvest tuna using huge purse seiners. A few Japanese long liners still ply the waters. The crews aboard fishing fleets contribute little to the local economy since their ships typically set sail loaded with stores and provisions that are cheaper than local goods. Additional money comes in from government grants, mostly from the United States and the $150 million the US paid into a trust fund for reparations of residents of Bikini Atoll that had to move after nuclear testing. Few mineral deposits worth exploiting exist, except for some high-grade phosphate, especially on Nauru. The tourist industry consists mainly of scuba divers that come to see the coral reefs, do wall dives and visit sunken ships from WWII. Major stops for scuba divers in approximate order are Palau, Chuuk, Yap and Pohnpei. Some private yacht owners visit the area for months or years at a time. Copra production used to be a more significant source of income, however, world prices have dropped in part to large palm plantations that are now planted in places like Borneo. Countries in Micronesia - Guam, Kiribati, Marshall Islands, Micronesia (Federated States of), Nauru, Northern Mariana Islands, Palau, and United States Minor Outlying Islands.