Strong brand names are important (Best Buy Inc.)

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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 Best Buy Inc.. … "Strong brand names are important (Best Buy Inc.)" has a significant impact, so an analyst should put more weight into it. This statement will lead to an increase in profits for this entity. "Strong brand names are important (Best Buy Inc.)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. "Strong brand names are important (Best Buy Inc.)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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