In Kay's distinctions, Ownership of assets refers to which concept?

• A. Privileged access to assets
• B. Full ownership of all assets
• C. External leasing of assets
• D. Asset depreciation

Answer: (A)

In Kay's distinctions, ownership of assets is about who has privileged access to assets—the right to use them, benefit from them, and control how they are used. It’s not strictly about legal title or owning every asset outright. So a description that emphasizes privileged access captures ownership in terms of control and access rights, which is why it fits best.

The other ideas don’t fit as well: full legal ownership would imply title regardless of who actually controls or uses the asset; external leasing means you don’t own the asset at all; depreciation is just an accounting measure of wear and cost over time, not about who has control or access.