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Martin Corporation granted a nonqualified stock option to employee Caroline on January 1, 2013. The option price was $150, and the FMV of the Martin stock was also $150 on the grant date. The option allowed Caroline to purchase 1,000 shares of Martin stock. The option itself does not have a readily ascertainable FMV. Caroline exercised the option on August 1, 2017, when the stock's FMV was $250. If Caroline sells the stock on September 5, 2018, for $300 per share, she must recognize
Tacit Knowledge
Tacit knowledge is the unexpressed, internally held knowledge that people carry, shaped by their experiences and contexts, and difficult to articulate or transfer to others.
Experiential Learning
An educational approach that emphasizes learning through direct experience, often involving hands-on or practical activities.
Knowledge Management
Involves the gathering, organizing, sharing, and analyzing of an organization's knowledge in terms of resources, documents, and people skills.
Unstructured
Refers to data or information that does not have a predefined data model or is not organized in a predefined manner, making it difficult to process and analyze.
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