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1- If we fail to maintain the continuance of strong relationships with our autho

ID: 2332416 • Letter: 1

Question

1- If we fail to maintain the continuance of strong relationships with our authors, illustrators and other creative talent, as well as to develop relationships with new creative talent, our business could be adversely affected 2- We own cèrtain significant real estate assets which are subject to various risks related to conditions affecting the real estate market. 3- If we fail to adapt to new purchasing patterns or trends, our business and financial results could be adversely affected. 4- The competitive pressures we face in our businesses could adversely affect our financial performance and growth prospects. 5- Changes in the mix of our major customers in our Trade distribution channel or in their purchasing patterns may affect the profitability of our trade publishing business and restrict our growth.

Explanation / Answer

3. if we fail to adapt new purchasing trends etc.,

4. changes in mix of our major customers.

8. Unsuccesful in implementing corporate strategy

11. Increase in operating cost beyond our control

16. Failure to meet the demands of regulators, high cost of compliances.