picktigers7566 picktigers7566
  • 12-02-2020
  • Social Studies
contestada

When an organization demonstrates that it is continuously attempting to meet the requirements of the market in which it operates, what is it ensuring?\

Respuesta :

sebastiansierraocm
sebastiansierraocm sebastiansierraocm
  • 17-02-2020

Answer:

The organization is ensuring due-diligence

Explanation:

Due-diligence is the act of researching the laws and regulations that govern a market before entering it. It is also the act of complying with those laws and regulations.

Exercising due-diligence is very important for a firm because not doing so can result in legal penalties. Some markets are more regulated than others, and it is important to understand the specific prohibitions in each market before trying to operate in it.

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