How was DeBeers able to create value in the dimaond sector? How did tangible and intangible resources play a part in this?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
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Problem 5SCQ: Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is...
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Debeers Diamond Dilemma

How was DeBeers able to create value in the dimaond sector? How did tangible and intangible resources play a part in this? Please be thorough. 

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Tangible resources are physical assets that can be touched, seen, and quantified. They include things like equipment, land, buildings, inventory, and cash. These resources are usually easy to measure, value, and manage. Tangible resources are often used in production, generating revenue, and creating value for the organization.

Intangible resources, on the other hand, are non-physical assets that cannot be touched or seen but can add significant value to a business. They include things like patents, trademarks, copyrights, brand reputation, customer loyalty, and employee skills.

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