Question

What is the primary difference between tangible and intangible resources?

Select one:

a.

Tangible resources take a longer time to build, whereas intangible assets can be built comparatively easily.

b.

Tangible assets are difficult for competitors to imitate, whereas intangible assets can be easily replicated.

c.

Tangible resources contribute to a company's competitive advantage, whereas intangible resources have no effect on competitive advantage.

d.

Tangible assets can be bought on the open market by anyone with the necessary cash, whereas intangible assets cannot be easily purchased.

Answer 1

There are so many differences between Tangible and Intangible assets

Some of them are

1. Tangible assets are physical assets whereas intangible are not.

2. Tangible assets are subject to depreciation and intangible are subject to amortization

3. Tangible assets can be bought easily whereas intangible are not.

So the primary difference between Tangible and Intangible resources are Tangible assets can be brought easily whereas intangible are cannot be purchased easily.

The answer is D.