Match Each of the Following Intangible Assets with Its Proper

question 30

Multiple Choice

Match each of the following intangible assets with its proper general category.
-Trademark

• A)Artistic
• B)Goodwill
• C)Customer
• D)Marketing
• E)Technology
• F)Contract

Acknowledge the necessity of adaptability and continuous revision in business planning.

Understand the value and process of creating a Vivid Vision for a business’s future.

Assess the utility and methodology of engaging potential customers in the validation of a business idea.

Appreciate the advantages and limitations of using visuals in presenting business plans.

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Definitions:

Substitution

The act of replacing one good or service with another in response to shifts in relative prices or changes in consumer preferences.

Bundle

A group of products or services that are sold together as a single package, often at a discounted price.

Optimal Choice

The best possible selection among various alternatives, maximizing efficiency or utility under given constraints.

Income

The money received by a person or organization for work, goods, or investments, representing the flow of cash or cash-equivalents.