Question

A company with limited resources wants to compete successfully in a rapidly changing environment against larger, more established organizations. The company provides training regarding tacit knowledge in an effort to differentiate itself in a strategic way. What is an intangible asset on which the company can build a sustainable competitive advantage?

Answer 1

Answer:

Human capital

Explanation:

The answer is --

Human capital

           A company with limited resources and facing large competition in the market can excel and establish their business by properly training their human capital.

           Human capital or workforce is the most important and priceless asset of any organisation. It is the human capital that makes or breaks a organisation. Proper training programs to the employees and encouraging them and giving other facilities will help the organisation to achieve success in business.

          Human capital is the store house of skills and knowledge which can be used to used by the organisation to achieve its goal.

Thus the intangible asset of a company is -- "human capital".