Strategy appropriates to mb global solution

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GB Global Solution has just changed to a new management team. Currently, MB Solution is facing business challenge due to competitors' cost cutting. Due to this, the company lost 25% of its existing market as they move for lower price offered by competitors. It gives impact to all stakeholders. The company is struggling to survive and sustain in the market. Efficiency is one of organizational issues faced by the company. Now you must decide on an effective strategy to survive and proceed with the step to withstand itself in the current and future market.

Based on the above, answer the following question:

Recommend ONE (1) human resource (HR) strategy appropriates to MB Global Solution. How can the manager of this company be successful in implementing the chosen strategy? And introduce FOUR (4) HR practices to support successful staffing.

Reference no: EM133028840

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