Information That Is Relatively Easily Communicated and a Large Part

question 81

Multiple Choice

Information that is relatively easily communicated and a large part of what companies teach during training sessions is known as _____ knowledge.

• A)inherent
• B)inferred
• C)implied
• D)tacit
• E)explicit

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Definitions:

Franchise Agreements

Franchise agreements are legal contracts between a franchisor and franchisee, outlining the terms for the franchisee to operate a franchised business.

Personal Service

Services provided directly to individuals based on personal or professional skills, typically involving direct human interaction.

Discontinuation

The act of ending or stopping something, often referring to the cessation of a business operation, product line, or legal proceeding.

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction, often in different jurisdictions.