Skip to main content

What are Tangible and Intangible assets.


Tangible Assets=

Tangible assets are those which can be seen or can be touched. Such type of assets are those which has physical appearance. Tangible assets may have defined life like plant and machinery can be defined how long it can work. The expert’s can give estimated time for Plant and machinery as it can be touched and checked properly to define its life.

Example:

Tangible assets involved Plant and machinery and other equipment’s etc.

Intangible Assets=

Intangible assets are those which cannot be seen or touched and having no physical appearance. The life of such type of assets cannot be defined easily for example Good will is type of intangible assets and Good will don’t have defined life time because it depends on the worth and the real value of the products when its value drop down its Good will becomes no more Good will. However Good will may be described with the help of documentations but not in exact way.

Example:

Intangible assets are Goodwill, Patents, Copyrights and Trademarks etc.
Labels:

Comments

Post a Comment

Popular posts from this blog

Difference between strong and week culture

Difference between strong and week culture? Culture it is the knowledge of a particular group of people, defined by everything from language, religion etc Cultural strength may be measured across a sub-culture or across the country. Strong culture In strong culture, employees and management understand what is required of them and they will try to act in accordance with the core values. Weak culture In weak culture there is greater need for procedures, policies and bureaucracy in order to get things done in the desired way Difference: Strong culture Week Culture 1-Individual behaviors consistently reflect group values 1-provides poor services which needs to be improved through policies 2-it Produces clarity. 2-Individual behaviors reflect a diversity of beliefs and values 3-less need for detailed policies and procedures. 3-Produce inconsistency in practice. s
Post a Comment
Read more

Difference between Downsizing and Reengineering with real life example

Explain difference between Downsizing and Re-engineering with real life example? Downsizing = Downsizing is used to reduce the size in order to improve its financial performance, usually by laying off employees.Businesses use several techniques in downsizing, including providing incentives to take early retirement and transfer to subsidiary companies, but the most common technique is to simply terminate the employment of a certain number of people. Downsizing often takes place as part of a larger restructuring program at a company. Although it's usually thought of as a strategy companies use to become smaller, downsizing can also be the result of company mergers, acquisitions, and takeovers.Its most common form comes in employee layoffs, which reduce payroll costs for the company. Downsizing may also involve shuttering some operations or offering certain employees early retirement. Downsizing is typically seen during economic downturns in order to improve efficiency and
5 comments
Read more

What is Extinction and Punishment? Difference between Extinction and Punishment?

Extinction and Punishment both are the main part of Reinforcement theory and These are most commonly known terms which is used to be implemented in every business, institutes and in organizations. However most of the people in the world don't know about the difference between extinction and punishment, its advantages and disadvantages. Definition of Punishment= It is often said that people used to punish employees for their undesired act which is against the rules of organization or the business. Definition of Extinction= Extinction can be defined as the step taken by employer in order to lower the reward of employee for his unwanted act in the organization or the business.     Difference Between Extinction and Punishment: Punishment= Punishment is stopping someone to do unwanted things in an organization in order to prevent them to do unwanted things in future time. It is somehow removes the positive consequence to do the same things again and again in future. F
Post a Comment
Read more