Question

What aspect of an asset is the determining factor as to whether it should be protected, and at what level protection should be established?

Answer 1

Answer:

Value

Explanation:

An asset can be tangible i.e physical e.g. buildings, cars, land, e.t.c. or intangible i.e. invisible , e.g. goodwill. The value of an asset is the importance an individual or an entity attached to an asset, it can be monetary or non-monetary.  Individuals and corporate entities will want to protect their critical assets, examples of critical assets are assets which the survival of an entity depends, the decision regarding which asset to protect and the level of protection required depends on the critcality  or otherwise of an asset.