Which of the following statements accurately brings out the difference between tangible and intangible resources?
A) Tangible resources contribute to a company's competitive advantage, whereas intangible resources have little effect on competitive advantage.
B) Tangible assets can be bought on the open market by anyone with the necessary cash, whereas intangible assets cannot be easily purchased.
C) Tangible resources take a longer time to build, whereas intangible assets can be built comparatively easily.
D) Tangible assets are difficult for competitors to imitate, whereas intangible assets can be easily replicated.

Question

Quizplus · Accepted Answer

Tangible assets, such as buildings or computer servers, can be bought on the open market by any comers who have the necessary cash. However, an intangible asset such as a brand name or corporate culture must be built, often over long periods of time.

Which of the Following Statements Accurately Brings Out the Difference