What Is the Distinguishing Feature of a Tangible Asset Compared

question 5

Multiple Choice

What is the distinguishing feature of a tangible asset compared to other fixed assets?

• A) A tangible asset has a physical substance.
• B) A tangible asset is subject to a reduction of its value over time.
• C) A tangible asset is a long-lived asset.
• D) A tangible asset is used in the course of the operations of the business and is not acquired for the purpose of resale.

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Definitions:

Strategic Marketing Process

A method by which an organization allocates its marketing mix resources to reach its target markets and achieve competitive advantage.

Marketing Plan

A comprehensive document or blueprint outlining an organization's advertising and marketing efforts over a specific period of time.

Organizational Strategies

Comprehensive plans developed by businesses to achieve specific goals and to guide the company towards long-term growth and success.

Strategic Business Units

Distinct parts of a company that operate as separate entities, each with its own mission, strategy, and competitors.