Explicit Knowledge Is Easier to Communicate Because It

question 26

Multiple Choice

Explicit knowledge is easier to communicate because it

• A) cannot be transformed from explicit to tacit knowledge.
• B) is articulated in procedures, manuals, and paper-based and electronic documents.
• C) can be embedded in an organisation's culture.
• D) is indispensable to others in the organisation.

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Definitions:

Uncertainty

The state of having insufficient knowledge about present conditions or future events, impacting decision-making and planning.

Net Present Value

A financial calculation that compares the value of money received in the future to an amount of money received today, taking the time value of money into account.

Cash Stream

A cash stream represents the flow of cash in and out of a business, highlighting cash revenue from sales and cash expenses from operations.

Rate of Return

A financial metric used to measure the profit or loss of an investment relative to its initial cost.