Attached.

Running Head: Business Assay

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Current trades of Germany Companies
Name
Instructor
Course
Date

Business Assay

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Contents
Introduction ................................................................................................................................................... 3
Globalization ............................................................................................................................................. 3
Reduced workforce ................................................................................................................................... 4
Competition............................................................................................................................................... 4
Processes Optimization ............................................................................................................................. 5
Automation ............................................................................................................................................... 5
Rationalization .......................................................................................................................................... 6
The general assessment of the Germany Companies ................................................................................ 7
The Case of Mercedes Benz ......................................................................................................................... 7
Opportunities............................................................................................................................................. 8
Risks........................................................................................................................................................ 10
Recommendations ................................................................................................................................... 12
Critical Assessment ................................................................................................................................. 13
Conclusion .................................................................................................................................................. 15
References ................................................................................................................................................... 16

Business Assay

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Introduction
Due to the changes in the way that business is conducted in the current business
environment. Most of Germany companies have had to changes their business tactics and
strategies in order to cope with the technology and competition in today’s market. This is,
therefore, a topic that is literally unavoidable when it comes to discussing the current business
challenges and issues that the companies in Europe are facing as a result of the current business
trades. Due to the automation and optimization of the businesses processes in order to
accommodate these challenges, the human resource departments have had to mutate and evolve.
In order for these Germany companies to survive the current threats in the business environment,
they need to adopt the twenty-first-century technology in order to deal with the ever-changing
business environment. Innovative strategies and business skills that include automation to
counter the shortage of labor, processes optimization so as to work lower costs of production and
use of the internet to market their products. The main objective of this paper is to discuss the
impact on the human resource in the Germany companies, give the department motivation while
suggesting some of the possible solutions to the current challenges that the businesses are facing.
Globalization
In accordance to the work of Dauth, W., Findeisen, S., & Suedekum, J. (2016) as the
technology advances, so does the world become smaller in terms of communication and
navigation, the twenty-first-century infrastructure has greatly improved communication across
the world as well as traveling. Through the advancement of technology, today business people
are able to travel around the world in a couple of days while conducting business. The internet
has literally revolutionized the way business is conducted and people are able to literally shop
and pay for a good while they are thousands of miles away from the sellers. Today marketers do
not need to travel to around the market territories but use the internet and other advertising

Business Assay

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Media to let their customers know about new products. This has made the world to be a small
village where every commodity is easily accessible to the buyer while at the same time the seller
can easily access the consumer. This, therefore, has revolutionized the human resource and many
Germany companies have had to rethink their workforce. Many companies are even training
their employees on the new tactics required to counter the current challenges that these
companies are facing.
Reduced workforce
Many Germany companies have had to cope with less manpower at their disposal. Since
there is the shortage of workers in factories and businesses across Germany, the human resource
is therefore faced with the challenge of working with the small amount of workforce that is at
their disposal. Companies need to come up with some of the most innovative ideas which help in
making the business processes more efficient and effective while at the same time maintaining
quality in order to have a competitive edge in the current business environment. Therefore the
human resources need to formulate strategies for getting the most effective workforce through
motivation, better payments, encouraging them while equipping them with the necessary
equipment that is needed in their workpla...