Substitute product is inferior (Abbott Laboratories)

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An inferior product means a customer is less likely to switch from Abbott Laboratories to another product or service. … This statements will have a short-term positive impact on this entity, which adds to its value. This statement will lead to an increase in profits for this entity. "Substitute product is inferior (Abbott Laboratories)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.

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