What are the differences between tangible and intangible resources? Which category of resources is more valuable to the firm?

Tangible resources are physical resources that can be seen, touched and often they can be either developed internally or acquired by using capital.

Intangible resources are resource that are developed as a result of the human mental effort and often includes intellectual capital, brand names, experise of the employees, research and development and even the customer loyalty.

Both type of resources are necessary for the company to function and to operate. But in the long run, to get an competitive advantage over the competition, Intangible resources plays a vital role.

Explanation:

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answer; the above statement/question is ( true);