Official Definitions of __________ Have Been Difficult to Define Because

question 42

Short Answer

Official definitions of __________ have been difficult to define because studies have not used uniform definitions.

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Definitions:

Explicit Knowledge

Knowledge that is easily articulated, codified, accessed, and verbally communicated to others.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.

Risk Propensity

The tendency of an individual or organization to take risks, often evaluated in the context of financial decisions or business strategies.

Anticipated Outcomes

Expected results or consequences of an action or decision.