To understand the current state of a business and the forces that keep it stable, one can look at various factors. These include the business's financial health, its market position, the strength of its products or services, and its organizational structure. Additionally, understanding the external environment in which the business operates, such as the state of the economy, industry trends, and regulatory landscape, can also provide insights into its stability. It's also important to consider the business's resilience, or its ability to survive and recover from unexpected systemic shocks.
How do you prepare your business for black swan events like pandemics or financial crises? Rogue Wav...
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