Answer: Option (b) is correct.
Explanation:
Intangible factors are the factors that affect the decision making but it is not expressed in monetary terms. Example of intangible factors are as follows:
(1) Employee morale
(2) Relationship between parties
(3) Safety
Tangible factors are the factors that are measurable in monetary terms and are visible. Example of tangible factors are as follows:
(1) Final agreed upon price on a contract
(2) Assets
Therefore, except option (b), all other options are intangible factors.
