Assets that contribute to creating value for customers but are not physically identifiable are known as
A) tangible resources
B) intangible resources
C) real options
D) property, plant and equipment

Question

Quizplus · Accepted Answer

Intangible resources are non-physical assets such as brand reputation, patents, intellectual property, and knowledge that contribute to creating value for customers. Tangible resources refer to physical assets such as machinery, buildings, and inventory. Real options are assets that provide the holder with the right to make a certain investment decision in the future. Property, plant, and equipment refers to physical assets that are used in the production process, such as buildings, machinery, and vehicles.

Assets That Contribute to Creating Value for Customers but Are