HRM 3430 Chapter Notes - Chapter 1: The North West Company
11 Feb 2018
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Hrm 3430 strategic management at the bay (example) The oldest business that is still currently operating in canada happens to be hudson"s. The company established itself in 1670 and started out as a business that exchanges fur. That is due to the implementation of its strategy of consistently altering environmental conditions including both opportunities and threats. Hudson"s bay company has gone through everything a business/company can possibly go through and they are still a very successful company that has been consistent for hundreds of years. One of their strategies that could be seen as both a threat and opportunity is the fact that they merged with their own main rival, the north. Hbc also had an assortment strategy when they sold an assortment of different products in order to maintain their consistent and relevancy in the market. As well as increase demands in other products that they can continually sell.
