An example of Nonaka’s (2001) explicit-explicit knowledge creation could be two organizations discussing how they can share knowledge about their products, services, or processes to create new ones. Nonaka refers to this process as ________________.

a. Socialization
b. Internalization
c. Articulation
d. Combination


d. Combination

Business

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An above-the-line deduction reduces both adjusted gross income and taxable income.

Answer the following statement true (T) or false (F)

Business

Product mix ________ refers to the number of different product lines the company carries

A) length B) height C) width D) consistency E) depth

Business

The Superior Company acquired a building for $500,000. The building was appraised at a value of $575,000. The seller had paid $300,000 for the building 6 years ago. Which accounting principle would require Superior to record the building on its records at $500,000?

A. Monetary unit assumption. B. Revenue recognition principle. C. Measurement (Cost) principle. D. Business entity assumption. E. Going-concern assumption.

Business

The financial statement effects of the budgeting process are summarized on the cash budget and the capital expenditures budget.

Answer the following statement true (T) or false (F)

Business