Large number of substitute inputs (Starwood Hotels and Resorts)
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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 Starwood Hotels and Resorts. … "Large number of substitute inputs (Starwood Hotels and Resorts)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term negative impact on this entity, which subtracts from its value. This qualitative factor will lead to an increase in costs. This statement will lead to a decrease in profits. |
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Bargaining Power of Suppliers: Large number of substitute inputs (Starwood Hotels and Resorts)
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 Starwood Hotels and Resorts.
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