What are intangible assets How do they related to training a

What are intangible assets? How do they related to training and development?

Solution

Intangible assets are the long-term assets of a company, yet have no physical presence but they are even the most important asset for the company. For instance, intangible assets include human capital, social capital, intellectual assets, and customer capital. Training and Development are related to intangible assets because they give much significance and capital to their organizations. The aptitudes and capacities of their workers are the things that make them to stand different from their competitors. Putting resources into your intangible assets, for example, Training and Development, Human Resource Management, communications and administration, and so forth will have a stream down impact and a considerably greater general impact on the organization in general.