Pricing Power (Auto parts)

Customers typically rebel against price increases by switching to competing products, but if a company has pricing power, customers will continue using Auto parts’s products and services. Auto parts has the ability to charge customers higher prices… … "Pricing Power (Auto parts)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity.