Identify the Following Actions as Either Using Explicit Knowledge or Tacit

question 42

Short Answer

Identify the following actions as either using explicit knowledge or tacit knowledge.
$$\begin{array} { | l | l | } \hline \text { Explicit knowledge } & \text { Generating monthly financial reports } \\\hline \text { Explicit knowledge } & \text { Installing software based on a written procedure. } \\\hline \text { Tacit knowledge } & \begin{array} { l } \text { Estirnating the number of man hours required for a } \\\text { mobile app development project }\end{array} \\\hline \text { Tacit knowledge } & \begin{array} { l } \text { Deciding as a consultant how to optimize a business } \\\text { process for the client. }\end{array} \\\hline\end{array}$$

Understand the concept and components of a cultural audit within an organization.

Grasp the various strategies and methods for HR forecasting, including quantitative and qualitative approaches.

Understand the significance of core capabilities and how they distinguish an organization from its competitors.

Recognize the relevance of economic and demographic factors in environmental scanning and labor market analysis.

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Definitions:

Sales Call

A contact made by a salesperson to a potential or existing customer, typically by phone or in person, with the aim of promoting or selling a product or service.

Sales Promotion Items

Marketing tools or products designed to boost sales or enhance brand awareness through limited-time offers or giveaways.

Quarterly Newsletter

A periodic publication distributed every three months, typically to provide updates, news, and relevant information to its subscribers.

Salesperson

An individual who sells goods and services to other entities, typically working on behalf of a company or organization.