FORMATIVE ASSESSMENT $2$

$\{100$ Marks$\}$

Read the scanario betow and answer all the questions that folliow. cultingedge medie production company localed in Cape Town, South Alrica. Moge Media Productions is celiabratied tor its comprehansive range of responsibilies aimed at optimising the worklorce and fostering a stimulating and collaboraine work environent. aspects of AR$,$ including recrultment, talent development, employee relations, and peftomance managenent. environment, has ied to frequent departures of top talent. This has resilled in increased propect delays. cacreased produclivily, and a strain on team morate. This dynamic industry is subject to ever$-$changing trunds, lechnological advancements, and evolving audience preferences. You will play a key role in enauring that Mega Media Productions remains adaptable and responsive to these factors. Your role as the HR Manager is to develop straleges to address thes Critical issue, reduce employee tumover, and foster a workplace culture that retains top talert whle promoting oreativity and collaboration.

Question $1,1$

$(25$ Marks$)$

Considering the advancements and constant changes within the dynamic media and entertainment industry, you have been tasked to prepare a detailed report analysing the influence of macro$-$environmental factors on business coperations within this sector. Additionally, propose strategies for Mega Media Productions to effectively manage and adapt b these dynamic forces.