Low buyer price sensitivity (Exxon)
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When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Exxon. … "Low buyer price sensitivity (Exxon)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. "Low buyer price sensitivity (Exxon)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. "Low buyer price sensitivity (Exxon)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue. |
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Threat of Substitutes: Low buyer price sensitivity (Exxon)
When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects Exxon.
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