Assets such as intellectual property, brand recognition, and reputation are known as what?
A. Going concern
B. Intangible assets
C. Physical assets
D. Tangible assets

Intellectual property, brand recognition, and reputation are classified as intangible assets, which are non-physical assets that contribute significantly to a company's value. Examples include trademarks, brand equity, and corporate reputation. Understanding these assets is essential for grasping how companies build their market presence. ;

Answered by GinnyAnswer | 2025-07-03

The correct answer to the question is B. Intangible assets, which include intellectual property, brand recognition, and reputation, are non-physical resources that add substantial value to a company. Unlike tangible assets, these intangibles play a crucial role in a company's success and market presence.
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Answered by Anonymous | 2025-07-04