Discussion 1: Intangible Assets More and more organizations are emphasizing intangible assets. What are they, and what makes them valuable? If those intangibles have been implemented at your workplace, describe them and evaluate their impacts.

According to Mueller (2004), intangible assets are identifiable non-monetary assets which do not have physical substance. The assets may be used either in the production or in the distribution of goods and services which may either be for rental or for administration purposes (Mueller, 2004). Unlike the tangible assets, intangible assets are not identifiable for contracts to be written on them for delivery.

There are various forms of intangible assets. Examples of these assets include human capital, knowledge assets, organization capitals, trademark, implementation of systems, licenses and intellectual property (Bradbury, 2009). These assets do not contain a specific market price marked on them but are speculative since the value is in the beholder’s mind making them unique and valuable….

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