For all its improvements, Detroit is still a difficult place to do business.
The Japanese auto industry is likely to remain a potent force, but increasingly manufacturers will supply their brands from plants that are less vulnerable to earthquakes, exchange rates and other disadvantages that have been making the Land of the Rising Sun a difficult place to do business.
But in my discussions with Matt Philo, head of MacKay Shields High Yield Group and a longtime investor in both high-yield bonds and loans, we concluded that generalizing is often difficult to do in the investment business.
They tend to make decisions that are as risk-averse as possible, which is difficult to do in the venture capital business given its inherent riskiness.
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China is undoubtedly one of the most difficult places in the world to do business, and it was even harder in the 1990s when ASIMCO was born.
Figuring out what to do is difficult because no cookie cutter solution speaks adequately to the intricacies of each business.
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Bisaillon continues to do business in Montreal, confident that Canada's weak enforcement statutes make it difficult to convict him.
She's stayed at the top in a business where that's very difficult to do.
For those who do own a small business, it's been difficult to finance inventories and make payroll, or expand if things are going well.
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More generally, nations in which it is easy to do business are prosperous, and those in which it is difficult are poor.
Companies that push emotions out of their corporate culture, claiming that they do not belong in business, will more than likely find it difficult to emerge successfully during these crisis and high-stress moments.
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