Which resources can be used by the company resulting in cost savings for the company?Explain.
Netflix Managing Innovation
These are the assets of the organization that are critical or fundamental to the provision of products or services to the customers . These resources can be categorized as human, physical, financial, and intellectual.
For a company, it is important to start the process by noting down all the available resources. Thus, the company will have a clear idea about the final good or service that has to be created for the customers. Additionally, which resources can be used by the company resulting in cost savings for the company? Once the final list of the resources is prepared, the company can decide the amount of investment required to operate a long-term business.