Tacit Knowledge

question 73

Multiple Choice

Tacit knowledge

• A) is based on experience.
• B) exists as general information.
• C) can be learned through books.
• D) involves conscious and accessible information.
• E) is easily transferred through written communication.

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Definitions:

Event Logistics

The process of organizing, planning, and executing the transportation, setup, and breakdown of equipment and materials for an event.

Resources

Assets, materials, or inputs used by organizations to produce goods or services.

Transportation Service

The offering of movement of goods or individuals from one location to another.

Cost of Lost Sales

The financial impact experienced by a business when potential sales are not realized due to stockouts or inability to meet demand.