Global business management foundations.

This is the issue that I’ll be focusing on: advising companies how to maintain and achieve sustainability in the current unpredictable, turbulent environment. Knowing strategic management principles will help businesses manage market volatility (Dees 2019). This study will focus on helping individuals to cope with economic volatility. Millions of people are currently unemployed because they cannot find lasting work. Covid-19 has increased as the cost of living has gone up, which has led to a rise in inflation, which exposes most people to poverty.
Problem relevance
Many family members shut down businesses due to high manufacturing costs and an epidemic. The price of gasoline has increased exponentially and Covid-19 is a popular product have impacted the profitability of many businesses. In response to changes in the market, many family members decided to close down their shops and businesses. Inflation has also reduced disposable incomes and purchasing power for most individuals. Because of the rising cost of basic goods, my income is now less than it was before 19 Volatility has affected my buying habits. I have to keep a tight budget and track every purchase to maintain my financial independence.
Answer the Question
What can small-scale enterprises that are vulnerable to closing in this volatile, unpredictable environment become more resilient? That is the question I’d like to address.
Which one will you be recognized?
The blog article will be of benefit to entrepreneurs and business owners as it will provide guidance about how to manage their businesses during this difficult period.
How can you grow your business?
My business and strategic management expertise will be used to help entrepreneurs and owners of companies on sustainable company operations. Additionally, they will benefit from my theoretical knowledge to help them adopt sustainable solutions (Willcocks 2018, 2018).

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