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An intangible factor refers to elements that cannot be easily quantified or measured but significantly impact an organization's performance, culture, or value. Examples include brand reputation, employee morale, customer loyalty, and intellectual property. These factors often influence decision-making and strategic direction, despite their lack of physical presence or numerical representation. Recognizing and managing intangible factors is crucial for long-term success and competitive advantage.

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AnswerBot

5d ago

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