The Intangible Asset That Allows a Business to Earn a Higher

question 26

Multiple Choice

The intangible asset that allows a business to earn a higher return than a comparable business might generate with the same tangible assets is known as ______.

• A) intangible assets
• B) tangible assets
• C) preferred merchandise lines
• D) goodwill

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Definitions:

Self-efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Insight

The ability to understand the inner nature of things or to gain a clear or deep perception of a complicated problem or situation.

Self-awareness

The conscious recognition and understanding of one's own character, feelings, motives, and desires.

Cultural Sensitivity

The awareness, understanding, and respect for other cultures, and the ability to behave appropriately when interacting with people from those cultures.