The tangible benefits in the following list are(i)savings due to reducing investment(ii)savings due to sending bills faster and consequent early collection(iii)providing better service to the customers(iv)improving quality of company's products *1 pointa. i and iib. ii and iiic. iii and ivd. i and iii
Question
The tangible benefits in the following list are(i)savings due to reducing investment(ii)savings due to sending bills faster and consequent early collection(iii)providing better service to the customers(iv)improving quality of company's products *1 pointa. i and iib. ii and iiic. iii and ivd. i and iii
Solution
The tangible benefits in the list provided are (i) savings due to reducing investment and (ii) savings due to sending bills faster and consequent early collection. These are benefits that can be quantified and measured directly. On the other hand, (iii) providing better service to the customers and (iv) improving quality of company's products are intangible benefits, as they cannot be measured directly, but they do contribute to the overall value of the company. Therefore, the correct answer is a. i and ii.
Similar Questions
Discuss and provide two examples of intangible benefits.
Potential benefits of CBDC may include:Group of answer choiceslower cost of issuance than paper moneyincrease transaction speedmore accessible than traditional banksmakes money cheaper
What are examples of core advantages? (Select those that apply) a. Superior user experience b. Locking up suppliers in exclusive contracts c. Customer service levels d. Network effects e. First mover advantage f. Intellectual property g. Low-cost structure
Multiple Select QuestionSelect all that applyWhat are some of the benefits of recycling and reclaiming materials in the waste stream of industrial processes?Multiple select question.Monetary benefits for reusing or selling the materialMonetary benefits for not using the material in the first placeEnvironmental and economic benefits for reducing the amount of material handled in the waste streamEnvironmental benefits for not putting the material into the environment
What is the difference between costadvantage and benefit advantage and whichone would you consider for your business?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.