asset-intensive
English translation: requiring a large quantity or amount of assets / lots of assets to start or maintain
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| 16:48 Aug 29, 2006 |
| English language (monolingual) [PRO] Bus/Financial - Management / merger | |||||||
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|  Selected response from: Will Matter United States Local time: 03:48 | ||||||
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| 4 +4 | lots of assets |
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| 4 +1 | depending heavily on assets |
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| 4 | Requires high investment |
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Answers
4 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1depending heavily on assets Explanation: 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 |
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6 mins confidence:
Requires high investment Explanation: 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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6 mins confidence: peer agreement (net): +4
peer agreement (net): +4lots of assets Explanation: "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. |
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Grading comment
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