Tacit Knowledge

question 79

Multiple Choice

Tacit knowledge:

• A)Can be directly articulated or codified
• B)Can only be acquired through practice and observed through its application
• C)Requires a fast, uncertain, and costly transfer
• D)All of the above

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Definitions:

Equity Trust

A type of investment trust that holds equities or stocks in various companies as its primary investments.

Mortgage Trust

A type of investment trust that pools mortgage loans, offering investors shares in the income derived from mortgage interest payments.

Unit Trust

A form of collective investment constituted under a trust deed, similar to mutual funds in certain jurisdictions.

Global Fund

An investment fund that diversifies its portfolio by investing in securities from markets around the world.