In this article, we’ll examine some of the key factors affecting business in the year 2020. From climate change to COVID-19, these eight macro-factors will continue to affect business. The following four factors are likely to have the greatest impact on businesses in 2020:
Consumer and employee behavior will continue to shift. The FTC and individual states will increase enforcement efforts in 2020, which should push the industry to reach a consensus on best practices. The key to success and staying out of hot water with regulators is formalizing your influencer programs. Be sure to seek specialist advice about your business’s unique circumstances.
There are many ways to adapt to these changes, and you may find that you’ll be able to benefit from the advice of an expert. A Korea Recruitment company can help you find the best talent if needed. One way you can adapt is by partnering with a global employer of record agency that will outsource your hr department for you.