Effective strategic planning processes are intangible resources.

Question

Quizplus · Accepted Answer

Intangible resources are organizational assets that are difficult to identify and to account for and are typically embedded in unique routines and practices, including human resources, innovation resources, and reputation resources. Tangible resources are assets that are relatively easy to identify. They include the physical and the financial assets that an organization uses to create value for its customers.

Effective Strategic Planning Processes Are Intangible Resources