How would you describe the process in a food company after a regulation comes up in the industry?

When a regulation pops up and we have to implement it we look at the regulation we analyze it is it impacting our business our products then we look at which products what are the product and we let them down and we call up for a meeting with the other stakeholders it can be marketing supply chain convertion finance and we gather all these stakeholders in one place and we tell them guys we have a new regulation and we need to implement it on our product we need to change this and that and that and we put an action plan with timelines and responsibilities and it's more of a project management that need skill that need to be deployed at this project so we make the change as per the timelines so that we make sure that we implement what the regulations say.