LittleHut Inc., an international food company, has several resources to its credit. Over the years, the company has acquired factories, machinery, in-depth knowledge, and a stable reputation. The elements mentioned in this scenario can be best categorized as LittleHut Inc.'s __________.
A)equipment
B)personnel
C)assets
D)capabilities

Question

Quizplus · Accepted Answer

The elements mentioned in the scenario - factories, machinery, in-depth knowledge, and reputation - can be categorized as assets, which are resources that a company owns or controls and that have value or provide future economic benefit.