|Overview: Intangible Cost|
|Definition||A business cost that is difficult to quantify.|
What are Intangible Costs?
John Spacey, updated on February 04, 2017
An intangible cost is any cost that's difficult to quantify. Examples include declines in customer satisfaction, productivity, employee moral, reputation or brand value.Firms that make decisions based on tangible costs alone risk long term financial losses due to intangible costs. For example, an airline that reduces seat sizes may experience immediate tangible cost benefits without recognizing the longer term intangible costs of lost brand value.
Business CostsThis is the complete list of articles we have written about business costs.
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Business CostsA list of common types of business cost.
A definition of cost escalation with an example.
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Common examples of cost reduction.
The common types of cost estimate.
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The definition of cost competition with examples.
An overview of cost goals with examples.
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