Low cost of switching suppliers (Shangri-La Hotels and Resorts)
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The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching costs positively affect Shangri-La Hotels and Resorts. … "Low cost of switching suppliers (Shangri-La Hotels and Resorts)" 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 statement will lead to an increase in profits for this entity. "Low cost of switching suppliers (Shangri-La Hotels and Resorts)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. This qualitative factor will lead to an increase in costs. "Low cost of switching suppliers (Shangri-La Hotels and Resorts)" 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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Bargaining Power of Suppliers: Low cost of switching suppliers (Shangri-La Hotels and Resorts)
The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching costs positively affect Shangri-La Hotels and Resorts.
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