Explain competitiveness and market positions

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You can imagine that companies in the alcohol, tobacco, or firearms businesses may feel a need to diversify into less scrutinized or regulated businesses in the ongoing effort to strengthen their competitiveness and market positions.

How might ethical issues related to these core businesses affect their ability to enter, or costs of entry, into new businesses? How might these issues affect their ability to exit, or the costs of exiting their traditional businesses? Or does it even matter? please 600 words

Reference no: EM132967362

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