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"HTC chose the right partners (giant players in software industry, such as Microsoft) to cooperate with to enter the market with" has a significant impact, so an analyst should put more weight into it. "HTC chose the right partners (giant players in software industry, such as Microsoft) to cooperate with to enter the market with" 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. "HTC chose the right partners (giant players in software industry, such as Microsoft) to cooperate with to enter the market with" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it.