________ represent tangible or intangible resources owned and controlled by an organization.

The term that represents tangible or intangible resources owned and controlled by an organization is assets. Assets are critical for any organization as they contribute to its ability to generate revenue and achieve its objectives.

Tangible assets include physical items such as machinery, buildings, and inventory, which can be seen and touched. Intangible assets, on the other hand, are non-physical resources like patents, trademarks, copyrights, and goodwill that can hold significant value for an organization but are not represented by physical presence.

Understanding assets is crucial for financial analysis, valuation of a company, and managing resources effectively. They are typically recorded on a company's balance sheet, and their management influences logistical operations and strategic decision-making. Overall, assets are foundational to a firm's operations and long-term sustainability.