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Tangible rewards Tangible rewards that can be physically touched or held (i.e., a gift certificate, gifts in the form of merchandise or a savings bond.)
Intangible Intangible rewards refers to nonmonetary reinforcing, such as praise, given to an employee in recognition of a job well done or a particular achievement.
Service intangibility Service intangibility means that services cannot be seen, tasted, felt, heard, or smelled before they are bought.
Intangible assets Long-term assets utilized in the process of production that cannot be seen or touched are known as Intangible Assets (intangibles). Intellectual property (IP) including copyrights, patents...
Tangible assets Tangible assets are the easiest “resources” to identify and are often found on a firm’s balance sheet.
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