Question

Which are the 5 main types of assets that organizations can use to aid in performance and add value to operations?

Answer 1

The five main types of assets that organizations can use to aid in performance and add value to operations are physical assets, financial assets, intellectual property, human capital, and intangible assets.

Step-by-step explanation:

The five main types of assets that organizations can use to aid in performance and add value to operations are:

1. Physical Assets: These include tangible items such as buildings, land, equipment, and vehicles.
2. Financial Assets: These include cash, investments, stocks, and bonds.
3. Intellectual Property: This includes patents, trademarks, copyrights, and trade secrets.
4. Human Capital: This includes the knowledge, skills, and experience of employees.
5. Intangible Assets: These include brand reputation, customer relationships, and goodwill.

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