What is the difference between Asset Assessment and Distinctive Competencies in the framework?

• AAsset Assessment inventories what exists, such as technical assets, skills, services and patents. A distinctive competency is an asset or combination that produces value the market recognises and a competitor cannot quickly match.
• BThey are the same activity described at two levels of detail.
• CAsset Assessment covers financial assets and Distinctive Competencies covers people.
• DAsset Assessment is done once at company formation and Distinctive Competencies is reviewed annually.