BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Why Employees Are the Most Valuable Intangible Asset. Every organization needs to value its employees as an asset. Their employee’s skills, abilities, knowledge, and experience are intangible and invaluable assets in securing the organization’s future.

Detailed explanation-2: -Intangible assets are the resources a business owns that cannot be moved, like equipment, or handled, like physical property. These intangible assets include goodwill, patents, trademarks, copyrights and more. They hold a lot of value for your business, even though they aren’t physical items you can touch.

Detailed explanation-3: -Intangible Assets – There is no doubt about the fact that the human asset is the key intangible asset for any organization. In today’s dynamic and continuously changing business world, it is the human assets and not the fixed or tangible assets that differentiate an organization from its competitors.

Detailed explanation-4: -Therefore, employees are the most valuable assets an organization has. It’s their abilities, knowledge, and experience that can’t be replaced. So, going forward, organizations need to place emphasis and importance on the contribution that employees that they have in order to propel themselves ahead.