Caroline Has Been a Management Consultant for Five Years

question 115

Multiple Choice

Caroline has been a management consultant for five years. Her boss describes her as having a tremendous "feel" for the job, and as someone who is "in the zone" when timing is most crucial. Caroline possesses what kind of knowledge?

• A) Explicit knowledge
• B) Collaborative knowledge
• C) Programmed knowledge
• D) Predictive knowledge
• E) Tacit knowledge

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Definitions:

Stable Growth

A phase where a company or economy grows at a steady, predictable rate.

Sales

The total revenue a company generates through selling goods or services, also commonly used to denote transactions in financial markets.

Threat of Entry

The risk existing businesses face when new competitors are able to enter the market or industry.

Existing Competitors

Companies that are currently operating in the same market and competing for the same customers.