Inputs have little impact on costs (Merck Co)

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When inputs are not a big component of costs, suppliers of those inputs have less bargaining power. Low cost inputs positively affect Merck Co. … "Inputs have little impact on costs (Merck Co)" has a significant impact, so an analyst should put more weight into it. "Inputs have little impact on costs (Merck Co)" will have a long-term positive impact on the this entity, which adds to its value. "Inputs have little impact on costs (Merck Co)" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it.

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