Debeers Diamond Dilemma
How was DeBeers able to create value in the dimaond sector? How did tangible and intangible resources play a part in this? Please be thorough.
Tangible resources are physical assets that can be touched, seen, and quantified. They include things like equipment, land, buildings, inventory, and cash. These resources are usually easy to measure, value, and manage. Tangible resources are often used in production, generating revenue, and creating value for the organization.
Intangible resources, on the other hand, are non-physical assets that cannot be touched or seen but can add significant value to a business. They include things like patents, trademarks, copyrights, brand reputation, customer loyalty, and employee skills.
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