STRM 042 Critical Issues in Business
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The STRM 042 Critical Issues in Business course discuss that the business problems are long term challenges and issues faced by a business. These issues can prevent a business from preparing strategy and achieving goals. Also, some of the business problems also threaten the long term survival of a firm.
Following are the eight major challenges and issues that businesses face today as per STRM 042 Critical Issues in Business course:
- Uncertainty about the future.
- Financial issues.
- Monitoring performance.
- Regulation and compliance.
- Competencies and recruiting the right talent.
- Technology issues.
- Exploding data.
- Customer service issues.
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