The Hong Kong Institute of Human Resource Management (HKIHRM) is a professional body that is committed to develop, maint

[answerhappygod]

The Hong Kong Institute of Human Resource Management (HKIHRM) is
a professional body that is committed to develop, maintain, and
enhance the human resource management profession in Hong Kong. One
of the values upheld by the HKIHRM is to share an independent and
balanced view on people-related issues with employers and managers
in Hong Kong. Since the outbreak of the new coronavirus (COVID-19),
senior management in the hotel industry has already implemented
several waves of cost-cutting measures (e.g., layoff, no-paid
leave, and part-time work arrangement) to sustain their operation.
However, managers believe that instead of cutting costs endlessly,
the budget should be allocated to equip employees with the
necessary knowledge and skills such that organizations can maintain
their competitiveness in the market in a long run. Assume that you
are an HR consultant of HKIHRM who is being asked by The Federation
of Hong Kong Hotel Owners (the federation) to collect data and
submit a report exploring the following issues: 1. Identify and
explain any two environment changes (i.e., political, economic,
socio-cultural, technological, and global) faced by the hotel
industry in Hong Kong. (40 marks) 300word!