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Intellectual Assets of Anheuser-Busch

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Intellectual Assets Anheuser-Busch has an abundance of intellectual assets, also known as intellectual capital. To begin, intellectual capital can be defined as “the total Knowledge within an organization that may be converted into value, or used to produce a higher value asset. The term embodies the knowledge and expertise of employees; brands; customer information and relationships; contracts; internal processes, methods, and technologies; and Intellectual property” (Prior, 2008). Breaking the term down even further we can divide intellectual capital into three components: human capital, structural capital, and relational capital (Zambon, 2002). The creation of human capital at Anheuser-Busch is a top priority. “When you become a …show more content…

Some of Anheuser-Busch’s goals and values are to put quality in everything they do, to continually exceed customer expectations, and to enjoy trust respect and integrity in all of their relationships. By enjoying the title of being the largest brewing company in the Unites States, by volume, they have obviously exceeded customer expectations. These goals have helped Anheuser-Busch achieve great relational capital.
Strategies
In addition to Anheuser-Busch’s intellectual property they take part in formulating a wide array of business-level strategies, corporate-level strategies, international-level strategies, and entrepreneurial strategies. In regards to business-level strategies and overall cost leadership, Anheuser-Busch is the undeniable industry leader when it comes to beer sales. Even if Anheuser-Busch beers aren 't the cheapest, they still are bought for their quality and Anheuser-Busch has gained tremendous market share for this. As for their focus, Anheuser-Busch focuses on a broad segment of customers producing a variety of beers for a variety of budgets to suit all personalities ' needs. Their differentiation factor is that even though Anheuser-Busch produces such cheaper beers as Budweiser and Bud Light, they also produce premium, more expensive beers like Bare Knuckle Stout and Shock Top Belgian White. Anheuser-Busch produces over 100 different brands of beer and

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