A firm's tangible and intangible resources are similar in their ability to create value.Select one:TrueFalse

The statement "A firm's tangible and intangible resources are similar in their ability to create value" is generally False.

Explanation

1. Tangible Resources: These are physical assets such as machinery, buildings, and land. They have a clear monetary value and can be easily measured. Their ability to create value often depends on their utilization and management.

2. Intangible Resources: These include non-physical assets like brand reputation, intellectual property, and company culture. Intangible resources can create competitive advantages and drive value in ways that are often less quantifiable but highly significant in terms of overall company performance.

Conclusion

While both resources can contribute to a firm's success, they do so in different ways. Intangible resources often provide unique and sustained competitive advantages that can be more influential in long-term value creation than tangible resources. Thus, the assertion that they are similar in their ability to create value is misleading.

Final Answer

False