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Question : Which of the following is an example of an intangible resource?

Option 1: Financial capital
 

Option 2: Machinery
 

Option 3: Intellectual property

 

Option 4: Raw materials


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: Intellectual property

 


Solution : The correct answer is (c) Intellectual property.

Intangible resources are assets that do not have a physical presence but still hold value for an organization. Intellectual property, such as patents, trademarks, copyrights, and trade secrets, falls under the category of intangible resources. These assets provide organizations with legal rights and protections over their unique ideas, inventions, branding, and creative works. Intellectual property can contribute significantly to a company's competitive advantage and can be a valuable resource in various industries.

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