Inputs have little impact on costs (BIOCON INDIA GROUP)

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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 BIOCON INDIA GROUP. … "Inputs have little impact on costs (BIOCON INDIA GROUP)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. This statement will lead to a decrease in profits.

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