Strictly enforced environmental policy could, in effect, force firms to adopt
efficient pollution abatement technology, which will lead to a competitive
advantage in the long-term.

Question

Strictly enforced environmental policy could, in effect, force firms to adopt
 efficient pollution abatement technology, which will lead to a competitive
 advantage in the long-term.

Quizplus · Accepted Answer

Strict environmental policies can incentivize firms to invest in more efficient and effective pollution control technologies in order to comply, leading to a potential competitive advantage over other firms that may not have adopted these technologies.

Strictly Enforced Environmental Policy Could, in Effect, Force Firms to Adopt