Final answer:
The improvement of employee morale due to state-of-the-art technology in a cost-benefit analysis is considered an intangible benefit, as it is not easily measurable but still important for overall company success.
Step-by-step explanation:
In a cost-benefit analysis, the fact that state-of-the-art technology might increase employee morale is probably an intangible benefit. The possible increase in morale can lead to higher productivity and job satisfaction, but it isn't as easily quantified as tangible costs and benefits such as equipment costs or productivity metrics. Intangible benefits, while often harder to measure, are still an important factor in a comprehensive cost-benefit analysis because they can significantly affect employee performance and, ultimately, the success of a company like the hypothetical Technotron.