Companies invest in specialized assets because these assets allow them to ______________ of value creation and/or to better differentiate their products from those of competitors.

Question

Quizplus · Accepted Answer

Specialized assets allow companies to lower their costs of value creation by enabling them to perform tasks more efficiently and effectively than they would be able to with general-purpose assets. This can also help them differentiate their products from competitors who may not have access to the same specialized assets.

Companies Invest in Specialized Assets Because These Assets Allow Them