What are the differences between tangible and intangible resources, Why is it important for decision makers to understand these differences? Are tangible resources more valuable for creating capabilities than are intangible resources, or is the reverse true? Why?
Tangible resources are the assets which can be observed and quantified. While, the intangible resources involves assets which are rooted very deeply in the history of a firm and also lumped with overtime. When comparing to the tangible resources, intangible resources are much difficult for the competitors to analyse the process.
The importance of tangible and intangible resources will effects more for the decision makers because, the resource are the inevitable source of a firm's capabilities.And the capabilities can be taken as the source which are the firm's core competencies. It paves many advantages in the sense of competitive behaviour. In my view, intangible resources are more valuable than the tangible resources.when analysing the global economic features, the main elements which leads to the success of corporation are the intellectual and system capabilities.
The importance of intangible resources will effect in each business due to the reason that, they are not a physical things.and also the intangible resources involves word of mouth and reputation and this would create or break a firm's business and it is not something other companies can reproduce or create on their own.
What are the differences between tangible and intangible resources, Why is it important for decis...
Strategic Management What are the differences between tangible and intangible resources? Why is it important for decision makers to understand these differences? Are tangible resources more valuable for creating capabilities than are intangible resources, or is the reverse true? Why?
A company consists of productive resources and capabilities. Resources are defined as “the tangible and intangible assets a firm uses to choose and implement its strategies.” Why must a company need these two to become successful?
What are Tenet Healthcare's: Tangible and Intangible Resources Value Chain Analysis Core Competencies and Sustainable Advantages Summary of Firm Resources & Capabilities
Describe two (2) types of tangible resources/capabilities and two (2) types of intangible resources/capabilities. Assume you work for Phillips (a Dutch consumer electronics company – flat screen TVs, personal computers, MP3 players, audio equipment, DVDs, digital cameras, GPS systems, etc.). Pick the two (2) resources/capabilities you think would be most important to be successful in the consumer electronics business over the next five years. Fully explain your answer.
What are GoPro Inc tangible and intangible resources?
Do you think the tangible or intangible assets are more important in food service company and why?
In the tangible vs. intangible measurement debate, what do you feel is most important in a company’s success? Why?
Top 3 tangible assets Equipment used for manufacturing Land and Building Computer software and hardware for design Top 3 intangible assets Patents and Trademarks Brand recognition Capable employees Top 3 capabilities Design and develop attractive footwears High responsiveness against consumer preference Producing high-quality products consistently Which of these resources do you believe to be most important? Why? What of these resources do you believe is least important? Why?
Discuss the differences between real and personal property. What are the fundamental distinctions? How does tangible property differ from intangible? Can real property become personal property and vice versa? If so, give examples. And, what characterizes a fixture?
Question 1: Reputation and organizational culture are examples of A) Tangible assets B) A competitive advantage C) Capabilities D) Intangible assets Question 2: Why is organizational structure important in RBV? A) The structure of the organization determines the best strategy with which to engage its competitors B) RBV argues that organization structure is peripheral to companies C) Organizational structure is a source of the managerial controls central to RBV D) Organizational structure is a major determinant of a firm's ability...