Reference no: EM132983027

For this assignment, read the following scenario:

For more than 10 years you have been a human resources manager at a welding and machining company that has remained fairly stable. The business has 20-25 employees, most of whom have been with the company for nearly 25 years. Your firm has built a reputation of quality and the relationships of your long-time employee team with customers are a key pillar of your client service strategy. The company has been fairly isolated from skilled trades' shortages, but you have heard about challenges in this sector over time. You have been tasked by your supervisor to conduct an environmental scan, and report on its impacts on HRM as a result of recent tariffs.

Research and complete an environmental scan of the external environment to determine what impacts the U.S. tariffs may have on the operating environment for your company relative to your competitiveness and HRM strategy.

1. Chart that outlines the key factors of conducting an environmental scan.
2. Include at least five separate sources of information (i.e. Harvard Business Review, Statistics Canada) across the top as headings.
3. Include 5-7 data points of your choosing relative to the scenario down the side (cost of goods, salary information, etc.) to illustrate the impact that tariffs may have on HRM.