A business case features a management summary, from which the following extract is taken:“This proposal...

The documentation categorises costs and benefits using two dimensions: whether they are tangible (a credible, usually monetary, value can be predicted) or intangible (a credible value cannot be predicted). It also notes that benefits are often a mix of tangible and intangible, and gives examples of intangible benefits such as improved job satisfaction, improved customer satisfaction, and related “people” outcomes that are difficult to value in advance.

In the extract, the £1600 per calendar month rental rate is explicitly a tangible cost because it is a direct monetary figure. The “loss of productivity” during the phased move is a cost of the change; while it might be measurable in some cases, the extract does not quantify it, and it is presented qualitatively as an accepted impact—this aligns with an intangible cost as described in the framework.

The statements about staff feeling “in a stable environment,” having “greater flexibility,” and more opportunities to communicate are clearly intangible benefits: they are positive outcomes, but no credible monetary value is given or implied.

What is not described anywhere in the extract is a tangible benefit—there is no quantified saving, revenue increase, headcount reduction, or other measurable financial gain stated. Therefore, option C is correct.