High cost of switching to substitutes (General Electric)
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Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect General Electric. … "High cost of switching to substitutes (General Electric)" has a significant impact, so an analyst should put more weight into it. "High cost of switching to substitutes (General Electric)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. |
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Threat of Substitutes: High cost of switching to substitutes (General Electric)
Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect General Electric.
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