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Automotive & Manufacturing
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The manufacturing sector plays an important role in leading
economies worldwide, but it is facing major challenges such as cost
effectiveness, product innovation and how to compete in an increasingly global
market.
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The Energy industry is facing some tremendous global challenges at
the start of the 21st century. To mention but a few, the demand for energy
across the globe is increasing rapidly, not just in the industrialised world,
but also in the developing countries.
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As companies merge for the economy of scale and to cut costs,
financial services organisations are facing fierce competition. Additionally,
deregulation and globalisation of finance as well as new electronic
developments like e-commerce are keeping the financial services sector on their
toes.
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Governmental bodies are facing the challenge of higher service
demands, a limited budget, shortage of human capital and technological
expertise.
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The retail sector continues to undergo enormous change, creating an
abundance of challenges and opportunities. The growth of discount shops,
e-commerce and relative market saturation have led to a growing number of local
acquisitions and have challenged the traditional market leaders, leaving
retailers in an uncertain position.
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The field of telecommunications is facing an environment of rapid
change. New technological advances and new competitive situations have changed
their market almost beyond recognition if you compare it to just 10-15 years
ago.
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In recent years, the Travel & Tourism industry has felt the
effect of numerous changes like airline deregulation, globalisation, new
technological advances and e-commerce – not to mention the effects of world
political and economic conflicts, instability and terrorism.
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