Because of damaged flash memory, the router will fail the POST.
It will attempt to locate the IOS from a TFTP server. If this fails, it will initiate the setup dialog.
It will attempt to locate the IOS from a TFTP server. If this fails, it will load a limited IOS from ROM.
It will attempt to locate the configuration file from a TFTP server. If this fails, it will initiate the setup dialog.
It will attempt to locate the configuration file from a TFTP server. If this fails, it will load a limited configuration from ROM.