Tacit Knowledge Refers To

question 43

Multiple Choice

Tacit knowledge refers to:

• A) strategies for success that are not explicitly taught but instead must be inferred.
• B) the knowledge of one's own cognitive processes and how they can be used effectively.
• C) recognition that a problem exists and selection of a strategy based on previously acquired knowledge.
• D) learning new knowledge quickly so that one can cope effectively with novel situations.

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Definitions:

House Painters

Professionals specializing in applying paint and other finishes to buildings primarily for protection and aesthetic purposes.

Earning Opportunities

Potential situations or activities through which an individual or business can generate income or profits.

Alternative Jobs

Employment opportunities that differ from mainstream or traditional career paths, often considered by individuals seeking flexibility or alignment with personal interests and values.

Rational Individual

An assumption in economics that individuals make decisions based on the maximization of their personal utility, acting with self-interest and complete information.