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A competitive advantage based on an intangible asset is usually more durable than a competitive advantage...

A competitive advantage based on an intangible asset is usually more durable than a competitive advantage based on more tangible assets.

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True

False

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Answer #1

True.

  • Intangile assets are those assets that lack any physical form like tangible assets such as machineries, building's, financial or government securities etc.
  • These assets are said to be more durable and sustainable when compared to tangible assets as tangible assets can wear out over time.
  • Hence we can say that a competitive advantage based on intagible asset is usually more durable than a competitive advantage based on more tangible assets as intagible assets Increase the future value or worth of firm.
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