Tag: due diligence
In a general understanding, it is the reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something.
In a more business perspective, it is the action that is considered reasonable for people to take in order to keep themselves or others and their property safe.
In a political standpoint, it is part of a strategic risk management process, investigates the personal connections and networks in the political environment of foreign investments, because they are a major source for regulatory risk. It thereby helps to fill a notable gap in the risk mitigation field.
I wanted to leave this alone for awhile, but after I wrote yesterday’s post, dwelling as it did on the quarantining of 16,000,000 in Italy, it was announced that the ENTIRE COUNTRY of Italy was going into quarantine. Can you imagine?
For anyone making fun of people stocking up on toilet paper and other items, just look at Italy. They’ve gone from being able to move about freely, acquire necessities and such at will–no hoarding necessary!–and literally overnight, they are now confined to their homes except for emergencies and going to work.
With people still going to work, one doubts … continue reading...