Limited number of substitutes (Cummins 5 Forces)

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A limited number of substitutes mean that customers cannot easily find other products or services that fulfil their needs. Limited substitutes are a positive for Cummins 5 Forces. … "Limited number of substitutes (Cummins 5 Forces)" has a significant impact, so an analyst should put more weight into it. "Limited number of substitutes (Cummins 5 Forces)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. "Limited number of substitutes (Cummins 5 Forces)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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