TAMBRIN 030185487

TUGAS 3 BAHASA INGGRIS NIAGA ADBI4201

TUGAS TUTORIAL KE-3
PROGRAM STUDI EKONOMI PEMBANGUNAN

Nama Mata Kuliah : Bahasa InggrisNiaga

Kode Mata Kuliah : ADB14201
Jumlah sks : 2 sks
Nama Pengembang : Dra. Sharifah Hanidar, M.Ed.
Nama Penelaah : Drs. Agus Riyanto, M.Ed.
Status Pengembangan : Baru/Revisi*
Tahun Pengembangan : 2019
Edisi Ke- : 1

What are Intangibles?

In its simplest form, an ‘intangible’ is something that belongs to a company but is not a
physical or financial asset – e.g. intellectual property or organizational know-how.
Whenever a company’s intangible assets are used for commercial purposes by another
party, a royalty rate has to be paid – a fixed value or a percentage (depending on the
license agreement) of the revenue gained through their use. For such transactions,
companies need to carry out thorough transfer pricing analyses for the estimation of
royalty rates or valuation of intangibles, ensuring that their pricing for related-party
transactions is comparable to what it would be if the same transaction were to be made
by two or more unrelated parties.

The Importance of Intangible Assets

Even though intangible assets do not add any physical value to companies compared to
equipment or factories, they are very valuable to the long-term success of companies.
For instance, brand recognition plays a huge role in generating sales for multinational
companies such as Coca-Cola, Apple and Nike.

According to OECD research, there has been an immense increase in investment in

intangible assets by companies in Europe, Japan and the US, with significant impact on
their productivity. This trend is also being seen in the rest of the world – data from
various countries shows faster growth in investment in intangible rather than tangible
assets. In fact, it has been noted that intangible assets increase the total value of
companies.

Siarheichyk, A.(2018, September). WHAT ARE INTANGIBLES?Retrieved from

RoyaltyRangehttps://www.royaltyrange.com/home/blog/what-are-intangibles

The Main Characteristics of Public Goods

Public goods have two distinct aspects: non-excludability and non-rivalrous
consumption. Strictly speaking “non-excludability” means that the cost of keeping non-
payers from enjoying the benefits of the good or service is too high so no one can be
effectively excluded from using the good.
TAMBRIN 030185487
TUGAS 3 BAHASA INGGRIS NIAGA ADBI4201
On the other hand “Non-rivalry” means that consumption of the good by one individual
does not reduce availability of the good for consumption by others. For example, if one
individual visits a doctor there is one less doctor's visit for everyone else, and it is
possible to exclude others from visiting the doctor. This makes doctor visits a rival and
excludable private good. Conversely, breathing air does not significantly reduce the
amount of air available to others, and people cannot be effectively excluded from using
the air. This makes air a public good, albeit one that is economically trivial, since air is a
free good. Another example is the exchange of MP3 music files on the internet: the use
of these files by any one person does not restrict the use by anyone else and there is little
effective control over the exchange of these music files and photo files.

Berti F. (Editor). Public Good. (ENCYCLOPEDIA). Retrieved from

http://bankpedia.org/index.php/en/120-english/p/23699-public-good

N Skor Sumber Tugas

Tugas Tutorial
o Maksimal Tutorial

1. What is the main idea of the first paragraph? 1 Module 4: Mahasiswa

A. The meaning of intangibles diharapkan mampu
B. The importance of intangible assets memahami istilah
C. The difference between intangibles and ekonomi yaitu
tangibles intangible assets.
D. The company’s long-term success

2. How do companies benefit from brand 1 Module 4: Mahasiswa

recognition? diharapkan mampu
A. It increases the physical value of memahami istilah
companies. ekonomi yaitu
B. It boosts sale. intangible assets
C. Its royalty rate is high.
D. It brings success to companies.

3. Why does the investment of intangible 1 Module 4: Mahasiswa

assets grow faster than tangible assets? diharapkan mampu
A. It can be used for commercial purposes. memahami istilah
B. It acts as a financial asset. ekonomi yaitu
C. It increases the total value of companies. intangible assets
D. It provides an opportunity for the
company to get partners.

4. Why does the author consider air as a public 1 Module 6: Mahasiswa

good? diharapkan mampu
A. People can pollute or clean the air. memahami istilah
B. The amount of air available for others ekonomi yaitu public
will not decrease by inhaling it. goods.
C. The cost of maintaining air is very
TAMBRIN 030185487
TUGAS 3 BAHASA INGGRIS NIAGA ADBI4201
cheap.
D. It is economically trivial.

5. What are the two main aspects of public goods 1 Module 6: Mahasiswa
consumption? diharapkan mampu
A. Non-excludability and rivalsous memahami istilah
B. Non-includability and non-rivalrous ekonomi yaitu public
C. Non-excludability and non-rivalrous goods.
D. Excudability and non-rivalrous

6. What is the main idea of the second 1 Module 6: Mahasiswa

paragraph? diharapkan mampu
A. The definition of the characteristics of memahami istilah
public goods. ekonomi yaitu public
B. The impact of the characteristics of goods.
public goods.
C. The example of the characteristics of
public goods.
D. The means of creating public goods.