An example of Nonaka’s (2001) explicit-tacit knowledge creation could be a manager losing patience with a graduate trainee, who is overwhelmed by his new job, yet the manager was just like the graduate trainee when she started 12 months ago – she forgets that the knowledge she has now was not always there. Nonaka refers to this process as ________________.

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


b. Internalization

Business

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The state charter allows a corporation to issue only a certain number of shares of each class of stock. This amount of stock is called

a. treasury stock b. issued stock c. outstanding stock d. authorized stock

Business

Oil wells and coal mines used in the normal course of business would appear in which section of the balance sheet?

a. Property, plant, and equipment b. Investments c. Current assets d. Intangible assets

Business

Climate differences explain differences in human and economic development because the less temperate climates limit mental powers.

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

Business

What is the justification for the timing of recognition of income under the equity method?

What will be an ideal response?

Business