Glossary entry (derived from question below)
English term or phrase:
asset-intensive
English answer:
requiring a large quantity or amount of assets / lots of assets to start or maintain
Added to glossary by
Will Matter
Aug 29, 2006 16:48
17 yrs ago
8 viewers *
English term
asset-intensive
English
Bus/Financial
Management
merger
what is an asset-intensive industry such as wine production ...
the wine is mass-produced?
the wine is mass-produced?
Responses
4 +4 | lots of assets | Will Matter |
4 +1 | depending heavily on assets | Alexander Demyanov |
4 | Requires high investment | David Moore (X) |
Responses
+4
6 mins
Selected
lots of assets
"asset-intensive" means that it takes a lot of assets, whether money or materials or land or something else to start / run /operate the business. In your case, for wine production, you need to have land (the vineyard), some money and some equipment before you can even start to produce the wine. HTH.
4 KudoZ points awarded for this answer.
Comment: "thx"
+1
4 mins
depending heavily on assets
As compared to other industries where, say, labor, plays a larger role.
I guess, wine production needs land, vines, etc..., while e.g. translation business can do with paper and pensils
I guess, wine production needs land, vines, etc..., while e.g. translation business can do with paper and pensils
Peer comment(s):
agree |
jarry (X)
12 mins
|
Thanks, Jarry.
|
6 mins
Requires high investment
to make a comparatively low-value product; an investment which might cost millions, before you can even start growing, never mind actually harvesting - and then you have to wait while it cooks....
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