Tacit Knowledge

question 23

Multiple Choice

Tacit knowledge

• A) is innate knowledge.
• B) is practical knowledge that is usually taught directly to children.
• C) is implicit knowledge shared by many people.
• D) is knowledge of trivial information.

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Definitions:

Shareholders

Shareholders are individuals or entities that own one or more shares of stock in a corporation, giving them a claim on part of the corporation's assets and earnings.

Reinvest

To allocate earnings or profits back into a business, venture, or asset to potentially achieve further growth or gains.

Domestic Corporation

A corporation located in the state in which it is incorporated.

Incorporated

A legal status indicating that a company has been registered under corporate laws and is recognized as a distinct legal entity separate from its owners.