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Do you think the tangible or intangible assets are more important in food service company and...

Do you think the tangible or intangible assets are more important in food service company and why?

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Yes, in food industry both tangible and intangible goods are equally important. Tangible goods are those goods which has its physical existence and can be physically touched, hold and seen.A food item, crockery, furniture etc are tangible goods whereas Intangible goods are those goods which are valuable but can't be physically touched, seen and hold like brand of the food services, a website on which food delivery is provided is intangible services

In a food service company, tangible assets and intangible assets both are complementary to each other and both works together to foster the company's growth. If a beverage company sells its product, it is important to give a brand name to give it recognition alongwith the drink and the container which are tangible assets.

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