Although qualitative factors and quantitative nonfinancial factors cannot measured easily in financial terms,they are important for managers to consider.

Question

Quizplus · Accepted Answer

Qualitative factors such as customer satisfaction or employee morale, and quantitative nonfinancial factors such as product quality or market share, are important indicators of the overall health and success of a business. While they cannot be easily measured in financial terms, they can greatly impact a company's financial performance and should be taken into account by managers.

Although Qualitative Factors and Quantitative Nonfinancial Factors Cannot Measured Easily