Intangible Assets Add Great Value to a Firm Primarily Because

question 20

Multiple Choice

Intangible assets add great value to a firm primarily because the firm's

• A) reputation and brand equity are accumulated quickly and can be leveraged easily.
• B) knowledge and culture take time to develop and are generally difficult to imitate.
• C) tangible assets require a higher degree of capital than its intangible assets.
• D) capabilities are by nature typically tangible.

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Definitions:

Major Hazards

Significant threats or dangers that have the potential to cause damage or harm on a large scale.

Abyssal Plain

A relatively flat, smooth region of the deep ocean floor.

Divergent Boundary

A tectonic boundary where two tectonic plates move away from each other, often creating new crust as magma rises to the surface.

Convergent Boundary

A tectonic plate boundary where two plates move toward each other, often causing one plate to dive beneath the other, leading to mountain formation or volcanic activity.