Strong brand names are important (Abbott Laboratories)
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If strong brands are critical to compete, then new competitors will have to improve their brand value in order to effectively compete. Strong brands positively affect Abbott Laboratories. … This qualitative factor will lead to a decrease in costs. "Strong brand names are important (Abbott Laboratories)" will have a long-term negative impact on this entity, which subtracts from the entity's value. This statements will have a short-term negative impact on this entity, which subtracts from its value. |
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Threat of New Competitors: Strong brand names are important (Abbott Laboratories)
If strong brands are critical to compete, then new competitors will have to improve their brand value in order to effectively compete. Strong brands positively affect Abbott Laboratories.
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