Tacit Knowledge

question 53

Multiple Choice

Tacit knowledge

• A) is the same as explicit knowledge.
• B) can be accessed only with the consent of the employees.
• C) is found mostly at the lower levels of the organization.
• D) can be codified but not reproduced.

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Definitions:

Stable Workforce

A stable workforce refers to a work environment where the number of employees and their job roles remain constant over time, minimizing turnover and fostering consistent productivity and organizational knowledge.

Higher Wages

Increased compensation paid to workers, usually as a result of economic policies, bargaining agreements, or market conditions, leading to improved living standards.

Follow Demand

A strategy where production levels are adjusted in response to changes in market demand.

Self-Directed Teams

Groups of employees who are given autonomy to plan and manage their own work, often including the authority to make decisions about processes, tasks, and goals.