Businesses often face several challenges in ensuring resource availability, including:
Resource Scarcity: Limited availability of key resources such as raw materials or skilled labor. Economic Fluctuations: Changes in the economic environment can impact resource costs and availability. Supply Chain Disruptions: Natural disasters, geopolitical issues, and other disruptions can affect the supply chain. Technological Changes: Rapid advancements in technology may render existing resources obsolete, requiring continuous investment in new technologies. Regulatory Compliance: Adhering to regulations can sometimes limit resource availability, especially in highly regulated industries.