Trends in the business and economic environment occur in many areas. As noted earlier, today’s workforce is more diverse than ever, with increasing numbers of minorities and older workers. Competition has intensified. Technology has accelerated the pace of work and the ease with which we communicate. Many are also looking at how companies are meeting the challenges of a changing workforce, the growing demand for energy, and how companies are meeting competitive challenges.
Against this background, clearly list the most prominent trends in shaping a business.