A firm's illegal conduct has no bearing on the firm's competitive advantage because it does not necessarily divert funds from strategic investments or affect its image and reputation with its customers.

Question

Quizplus · Accepted Answer

A firm's illegal conduct can greatly affect its competitive advantage by damaging its reputation with customers, partners, and investors, leading to loss of business and potential legal consequences. In addition, funds diverted to legal defense or settlements can impact the firm's ability to make strategic investments.

A Firm's Illegal Conduct Has No Bearing on the Firm's