An Example of Tacit Knowledge in a Particular Organization Could

question 11

True/False

An example of tacit knowledge in a particular organization could be described as a set of documents capturing its operational procedures often referred to as "codified knowledge."

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Definitions:

Department Managers

Individuals responsible for overseeing specific departments within a company, ensuring their team works efficiently and meets set targets.

Budget Acceptance

The process by which a proposed budget is reviewed and approved by relevant stakeholders or authorities within an organization.

Top Management

Top management refers to the highest level of executives and decision-makers in an organization, responsible for determining strategy and direction.

Top Management Support

Refers to the commitment and aid provided by the highest level of an organization's management, crucial for the successful implementation of projects and strategic initiatives.