Question: Question 2 (40 marks) Farfetch, founded in 2007, is a British-Portuguese online luxury retail platform that sells luxury products from over 700 boutiques and brands

Question 2 (40 marks) Farfetch, founded in 2007,

Question 2 (40 marks) Farfetch, founded in 2007, is a British-Portuguese online luxury retail platform that sells luxury products from over 700 boutiques and brands around the world. This e-commerce company aims at providing a unique online shopping experience to customers worldwide. a a) Assume you are the HR director of Farfetch, recommend a business strategy and two HR needs that the company should adopt to compete in the luxury retail industry. (10 marks) b) Based on your answer in (a), develop a set of HR practices in the area of recruitment and selection, training and development, performance management, and compensation and benefits, to help Farfetch to effectively achieve the business and HR strategies.(30 marks)

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