Non-Monetary Benefit in Cost-Benefit Analysis
CMAT 2026 · Innovation & Entrepreneurship · Easy · Innovation and Entrepreneurship
While conducting cost-benefit analysis for an entrepreneurial innovation, which of the following represents a non-monetary benefit that would be quantified if possible?
- A.
Market Entry licensing costs
- B.
Brand equity enhancement and social impact
- C.
Depreciation of equipment
- D.
Patent Registration fees
Answer
B
Explanation
Brand equity enhancement and social impact are non-monetary, intangible benefits, unlike licensing costs, depreciation, or registration fees.
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