An asset is an economic resource. Individuals, companies, and countries expect their assets to generate economic benefits now and in the future. Assets may be tangible, such as <em>equipment </em>and <em>land </em>or intangible assets, including things such as <em>chemical formula</em> or <em>property rights</em>.
Assets are essential to a company's success because they increase their value and provide the means to produce cash flow.
According to my research on different organizational resources for success, I can say that based on the information provided within the question these resources are known as Assets. This is defined as any tangible or intangible resource that is owned by a business or organization and provides them with positive economic value for as long as they hold the resource.
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The scientific method was a new way to solve problems and conduct research in the 17th century. It is a process for experimentation that is used to explore observations and answer questions.
