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:

Strategic Goals

Long-term objectives that an organization or individual aims to achieve, which are critical for guiding decision-making and overall direction.

Customer

An individual or organization that purchases goods or services from another business.

Strategic Customer Relationship

The deliberate approach to managing a company's interactions with current and future customers to improve loyalty and engagement.

Preapproach

A preparatory stage in the selling process where a salesperson researches and plans strategies to approach potential customers.