Examlex
Effectively managing human resources helps ensure that customers are satisfied and loyal.
Bounded Rationality Model
A concept that suggests individuals make decisions based on the limited information available to them and their own cognitive limitations.
Tacit
Knowledge that is understood or implied without being explicitly stated, often difficult to transfer verbally.
Explicit
refers to something stated clearly and in detail, leaving no room for confusion or doubt.
Knowledge Management
The method of producing, distributing, utilizing, and controlling the information and knowledge within an organization.
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