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Post by account_disabled on Dec 27, 2023 1:56:20 GMT -5
Which illustrates the fact of the importance of diversification. In summary, changes in legal regulations can positively or negatively affect companies and, in fact, many have had to opt for closure after a change in legislation.. How can this circumstance be avoided? Is not easy. Basically, there are two options available that, fortunately, are not mutually exclusive. One is to gather good information and try to anticipate any type of change in regulations or prohibition of sale that may affect the ability to act swiftly, avoiding in the damage as much as possible. And since this is obviously Country Email List not always possible, it is important to also have a second option, diversification, whose rationale is to avoid putting all your eggs in one basket. This last option is valid to help counteract a multitude of risks and therefore should be taken into account whenever possible. Having various products or several lines of business is a good handle to move forward if the law affects the marketing of any of the company's products. On the other hand, since the regulation is often national, it is also good to have additional markets.
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