In Location Decisions, Intangible Costs Are Easier to Measure Than

question 202

True/False

In location decisions, intangible costs are easier to measure than tangible costs.

---

Definitions:

Intangible Assets

Non-physical assets of a business such as intellectual property, brand value, and goodwill that have value but are not physical objects.

Income Potential

The maximum amount of money someone can earn or a business can generate under current conditions.

Dead Stock

Unsold goods that have been in inventory for a long time and are not expected to be sold due to their obsolescence or lack of demand.

Supplier Relationships

Supplier relationships pertain to the interactions and dealings between a business and its suppliers, involving the negotiation of terms, management of supply, and collaboration for mutual benefit.