Which of the Following Would Be an Example of a Tacit

question 4

Multiple Choice

Which of the following would be an example of a tacit resource?

• A) An oddsmaker who works for a large casino in Las Vegas and is correct 95 percent of the time
• B) Hand-woven fabrics made by local shops
• C) Chipset manufacturing machine bought by an electronics company
• D) A distiller used to make malt liquor

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Definitions:

Labour Market Data

It encompasses statistical information related to employment, unemployment, wages, and workforce characteristics in a specific region or industry.

External Human Capital

The skills, knowledge, and abilities present in individuals outside an organization that can be brought in through hiring or collaboration.

Integrative IHRM Approach

A comprehensive strategy in international human resource management that combines multiple aspects and practices to manage global workforce effectively.

Standardized

Made consistent in size, performance, or outcome by following a model, uniform procedures, and criteria.