An organization's tangible and intangible resources can be a source of competitive advantage and these resources play an important role in determining an organization's capabilities and competencies.

Question

Quizplus · Accepted Answer

Tangible resources include physical assets such as property, equipment, and financial resources, while intangible resources include things like intellectual property, brand reputation, and human capital. These resources can give an organization an advantage over competitors by enhancing their ability to develop and deliver products or services in a more efficient or effective manner. Therefore, an organization's resources are essential in shaping its capabilities and competencies, which can ultimately lead to a competitive advantage.

An Organization's Tangible and Intangible Resources Can Be a Source