Developing Business Strategy

Developing Business Strategy

An organization generally has both tangible and intangible resources which are used to create value. What is the difference between these resource types and which is used more prevalently within organizations to create competitive advantage?

 

 Reference
DaSilva, C. M., & Trkman, P. (2014). Business model: What it is and what it is not. Long range planning, 47(6), 379-389.

https://www.researchgate.net/profile/Carlos_Dasilva/publication/255856760_Business_Model_What_it_is_and_What_it_is_Not/links/0c96052b29ee31048c000000.pdf

Solution Preview
A company needs both intangible and tangible resources, also known as assets, for it to stay afloat. Tangible resources are those that you can touch while intangible resources are those that you cannot touch. An example of intangible resources is goodwill while an example of………………………………
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