Though HP is a trusted brand, there are serious internal issues internal to the company. These issues create the need for corporate restructuring at HP.
A recent article in the reputed daily ‘The Economic Times’ claimed that the life expectancy (LE) ratio in India has improved over recent years. Where males are living for 15 more years, the total life span for females has increased by around 18 years between 1970 and 2010.
Rising global attrition rate of CEOs has put a pressure on the firms to think about this issue on a priority basis.
Attrition refers to the departure of employees from an organization by means of either retirement, death, resignation or termination.
During an economic downturn or recession, one of the most severe challenges that HR managers face relates to designing the employees’ compensation structure that serves the needs of both the employees as well as the organization.
Indian consumers are exposed to a large array of brands offering similar products. The competition among brands brings greater discounts and better sales promotion offers for the customers.
Business cycles always pose a major challenge for business organizations, especially recession. During recession, the focus is laid on cost-cutting and restricting the business activities to a few defined lines.
Tourism is a seasonal industry and there are many factors that contribute to this seasonality. Not only does the environment of the host nation, but the policies of the host Government and several other factors work together for this seasonality in the industry.