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Poorer countries generally have heavier regulation.How does this impact business?
Tacit Knowledge
Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.
Componential Intelligence
A component of Sternberg's triarchic theory of intelligence that entails analytical tasks, such as problem-solving and logical reasoning.
Experiential Intelligence
Intelligence that involves the ability to use past personal experiences to solve new problems.
Contextual Knowledge
Understanding that is informed by and applied within the context in which it occurs, reflecting the situation, environment, or specific circumstances.
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