Intangible Benefits

question 6

Multiple Choice

Intangible benefits

• A)are easily measured
• B)are of relatively little importance in making information system decisions
• C)are sometimes estimated using customer satisfaction surveys
• D)when measured, do not lend themselves to manipulation

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Definitions:

Target Margin

A predefined profit goal set by a company for a product, project, or the entire organization to achieve within a specific timeframe.

Target Price

Target price is the anticipated selling price of a product or service, set by a company, that reflects its market position and is intended to attract its identified target market.

Allowable Cost

This refers to the maximum cost that can be incurred on a project while still achieving the desired level of profit or meeting budget constraints.

Upstream Costs

Expenses incurred in the early stages of a product's life cycle, such as exploration and development costs in the oil and gas industry.