Which of the Following Is Considered as an Intangible Resource

question 73

Multiple Choice

Which of the following is considered as an intangible resource of a firm? 

• A) The ability to raise external capital 
• B) The access to raw materials of production 
• C) The possession of patents to an invention 
• D) The managerial skills of an employee

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Definitions:

Software

Programs and other operating information used by a computer to perform specific tasks.

Real Exchange Rate

The pace at which one country's currency can be swapped for that of another, after accounting for inflation.

Nominal Exchange Rate

The rate at which one currency can be exchanged for another currency, not adjusted for inflationary differences between the two currency areas.

British Pounds

The official currency of the United Kingdom, also known as GBP (Great British Pound).