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Write a paper of no more than 2,500 words reviewing the strategic initiatives taken by the company relative to organizational and operational adaptation to changing markets.
Explain the following in your paper:· How recent economic trends are influencing the business· Strategies the company has used or could use for adapting to changing markets, such as an economic downturn or recession· Tactics the company has implemented or could implement to achieve their strategic goals· The role human resource management plays in helping the company achieve its business goals1.Include a summary of the company’s technological advantages, or lack thereof, in comparison to at least two other companies in the same industry.2.Describe how globalization has affected the company’s business strategies.3.Conduct a benchmarking analysis. Be sure your analysis includes the following in comparison with other companies in the same industry:. Best practices· Operational processes and procedures· Products or services
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