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Tangibility Notes: Definitions & Explanations PDF | Download eBooks

Study Tangibility lecture notes PDF with supply chain management definitions and explanation to study “What is Tangibility?”. Study tangibility explanation with SCM terms to review supply chain management course for online MBA programs.

Tangibility Definition:

  • Main characteristic that distinguishes products (usually tangible) from services (usually intangible).

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Tangibility Notes:

An unmistakable resource is an advantage that has a limited financial worth and typically a physical structure. Substantial resources can normally consistently be executed for some financial worth however the liquidity of various markets will fluctuate. Substantial resources are something contrary to impalpable resources which have a speculated worth instead of a value-based trade esteem. A business' total assets and center tasks are exceptionally subject to its benefits. The board of advantages and resource suggestions are one key motivation behind why organizations keep up an asset report in general. Resources are recorded on the accounting report and should adjust in the basic conditions resources less liabilities approaches investors' value which oversees the monetary record. Unmistakable resources are resources with a limited or discrete worth and typically a physical structure. A fast survey of an accounting report will give a design of an organization's substantial resources recorded by liquidity. The advantage segment of the monetary record is broken out into two sections, current resources and long haul resources. Current resources are resources that can be changed over to trade out short of what one year.

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