Which of the Following Is Not a Quantitative Factor

question 53

Multiple Choice

Which of the following is not a quantitative factor?

• A)Marketing costs.
• B)Employee morale.
• C)Cost of direct materials.
• D)Percentage of on-time flight arrivals.
• E)Reduction in new product-development time.

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Definitions:

Opportunity Cost

The cost of the next best alternative foregone as a result of making a decision.

Incremental Revenue

Additional income generated from a new sale, project, or strategy, over and above existing revenue streams.

Incremental Costs

Costs that change as a result of a new decision or alternative action, also known as marginal costs.

Incremental Costs

Incremental costs are the additional costs incurred when a business increases its level of operations or production.