Furthering discussions on the case study in Section A, Law Chi-Kwong, the Secretary for Labour and Welfare, said, "While the local epidemic situation has abated, it will take time for local economic activities to return to normal. The external environment also remains difficult as the pandemic continues to weigh on the global economy. The labour market willstill face pressure in the near term....

Question:

a) Identify three (3) factors within the PESTEL Model that you believe will have

significant impact on the business outlook of the organizations in the consumption-

and tourism-related sectors. Give justification specifying the cause and effect

implied by each of your factors to support your choice. (12 marks)

b) Building on the above remarks of caution, recommend a talent strategy that makes

sense in resourcing employees toward the objective of maintaining primary business

operations but avoiding excessive staffing costs in the coming few years. Give

justification to support your recommendation.