Which of the following is an example of an intangible benefit?

An intangible benefit refers to a positive effect or outcome that cannot be easily quantified in monetary terms, yet still contributes significantly to an organization's overall success. Enhanced brand reputation is a prime example of this because it results in better customer loyalty, trust, and potentially increased market share over time, even though these benefits are not directly measurable in the same way that cost savings or increased revenue can be.

This benefit influences how customers perceive the company and can lead to long-term competitive advantages, such as attracting new customers and retaining existing ones. A strong brand reputation can create a more favorable environment for sales and marketing efforts, leading to additional potential financial gains in the future, even if those effects are not immediately quantifiable.

In contrast, other options provided reflect tangible benefits that can often be measured directly, such as cost savings or increased revenue, which are more straightforward to track and quantify. Time savings, while beneficial, also falls into a more calculable category, as it directly relates to efficiency improvements that can be measured in terms of resource allocation or financial savings.