An asset is ANY resource that produces positive economic value for its owner - its owner being its owner as a result of a past event, most likely a transaction. There are two classes of assets, tangible and intangible, which are themselves made up of subclasses. Of the tangible variety, most commonly you’ll hear about current and fixed assets. Current assets refer to things that can be consumed, exhausted or sold, such as cash, stock, and marketable securities. Whereas fixed assets are assets that are trickier to convert into cash, like land, buildings, equipment and machinery.
In contrast, intangible assets lack any physical form; they are ethereal. As a result, their value can be harder to gauge, which can contribute to the occasional discrepancy between a company's value according to its own books, and its value as per market capitalisation. Examples of intangible are: patents, trademarks, goodwill, copyright, and trade names.
To MBA, or not to MBA? The Benefits of Earning a Master of Business Administration
With fees ranging up to six digit figure sums, choosing to enrol in an MBA program can be an enormous decision, particularly if you’re leaving a well-paid career or trying to juggle work and family commitments. Regardless, more and more executives, students and business people are taking the time to earn an MBA.
Statistics and Sport: The Unlikely Marriage
‘Chance dominates the game’. This conclusionary remark to C. Reep and B. Benjamin’s 1968 study ‘Skill and Chance in Association Football’ stood until relatively recently as received wisdom, the phrase was deemed self-evident and its veracity left unquestioned. Predictions based on statistics were a folly they said, the sport was ‘too fluid, too unpredictable’. Browse our job listings for more opportunities
Well, capital is a catch-all term that refers to a person’s assets, which means something useful a person has which can create wealth - and it can be extremely broad and be interpreted in many ways. On the face of it, capital is one of if not the most important thing in an economic system. The financing and investing of capital helps to define if and how the economy grows and also how people experience their returns on investment. To this end, capital is a good measurement of wealth, and also a means of creating wealth through the investment of capital.