WikiWealth

A strong brand name is a major strength of Lb finance plc. This gives Lb finance plc the ability to charge higher prices for their products because consumers place additional value in the brand… … "Brand Name (Lb finance plc)" 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. "Brand Name (Lb finance plc)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.