Asset management refers to an organized approach to realizing and managing value in the various items that a specific organization or group is responsible. It can apply both to real tangible assets as well as to intangible assets. Asset management has become the standard way to make sense of our economic world. It considers the different types of available resources and how organizations can productively use them. Achieving this goal is no easy task. It is dependent on the extent of the organization. And the level of expertise of all the people involved in the process.
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