High cost of switching to substitutes (Tyre Industry Assignment)

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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 Tyre Industry Assignment. … This statements will have a short-term positive impact on this entity, which adds to its value. "High cost of switching to substitutes (Tyre Industry Assignment)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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