tangible

What Role Do Tangible Assets Play in Business Strategy?

Tangible assets are integral to business strategy in several ways:
Competitive Advantage: High-quality tangible assets can provide a competitive advantage by enabling efficient production and superior product quality.
Expansion: Tangible assets can be leveraged to expand operations, such as opening new branches or increasing production capacity.
Risk Management: Owning tangible assets can mitigate risks associated with leasing or renting, giving entrepreneurs more control over their operations.

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