Explicit Knowledge _____

question 20

Multiple Choice

Explicit knowledge _____.

• A)is highly personal in nature
• B)cannot be articulated to others
• C)is job and situation-specific
• D)contains conscious and accessible information
• E)is based on employees' experience

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Definitions:

Tying Contract

An agreement requiring a customer to buy additional products or services along with a primary product or service.

Herfindahl Index

A measure of the size of firms in relation to the industry and an indicator of the amount of competition among them, calculated as the sum of the squares of the market shares of each firm within the industry.

Conglomerate Merger

A type of merger in which firms involved are in unrelated business activities, aiming for diversification and risk minimization.

Vertical Merger

A combination of two or more companies at different stages of production or distribution in the same industry.