Large number of substitute inputs (Machine Tools and Accessories)
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When there are a large number of substitute inputs, suppliers have less bargaining leverage over producers. This is due to competition among substitutes. Greater competition positively affects Machine Tools and Accessories. … This statement will lead to an increase in profits for this entity. This statements will have a short-term negative impact on this entity, which subtracts from its value. |
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Bargaining Power of Suppliers: Large number of substitute inputs (Machine Tools and Accessories)
When there are a large number of substitute inputs, suppliers have less bargaining leverage over producers. This is due to competition among substitutes. Greater competition positively affects Machine Tools and Accessories.
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