Which of the following is the best definition of a qualitative factor?
A) Factors related to product or service quality
B) Opportunity costs
C) Factors that are not expressed in monetary terms
D) Factors that are inferior to quantitative factors in decision making

Question

Quizplus · Accepted Answer

Qualitative factors are those aspects of decision-making or analysis that are not quantifiable in monetary terms. They often relate to the quality of outcomes, experiences, or impacts that a decision might have, such as customer satisfaction, employee morale, or brand reputation.

Which of the Following Is the Best Definition of a Qualitative