What Are Intangible Benefits

question 166

Multiple Choice

What are intangible benefits?

• A)difficult to quantify or measure
• B)easy to quantify and typically measured to determine the success or failure of a project
• C)the measure of the tangible and intangible benefits of an information system
• D)periodic reviews of actual performance versus expected performance

---

Definitions:

Global Trade

Refers to the exchange of goods, services, and capital across international borders, driven by the aim of accessing new markets and leveraging global efficiencies.

Economic Communities

Groups of countries or regions that band together to form closer economic ties, typically through trade agreements and shared regulations.

Free Trade Zones

Specially designated areas within countries where goods can be imported, handled, manufactured, or reconfigured without being subject to customs duty, to encourage trade and investment.

Standardization Strategies

Approaches adopted by companies to make their products or services uniform across different markets to achieve cost efficiency and brand consistency.