Sometimes, how easily laws may change can affect a firm's strategy.

Question

Quizplus · Accepted Answer

If laws change easily and frequently, a firm may need to adjust its strategy more often to comply with new regulations or take advantage of new opportunities. This can add uncertainty and complexity to the business environment. On the other hand, if laws are resistant to change, a firm may have greater stability and predictability in its operations, but it may also face more rigid constraints and miss out on potential benefits of innovation or market shifts.

Sometimes, How Easily Laws May Change Can Affect a Firm's