Explicit knowledge is the knowledge contained in people's heads. The challenge inherent in explicit knowledge is figuring out how to recognize, generate, share, and manage knowledge that resides in people's heads.
Answer the following statement true (T) or false (F)
False
Tacit knowledge is the knowledge contained in people's heads. The challenge inherent in tacit knowledge is figuring out how to recognize, generate, share, and manage knowledge that resides in people's heads.
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A company borrowed $80,000 from a bank by signing a long-term note payable. The journal the transaction would be recorded in is the:
A. Cash payments journal. B. Purchases journal. C. General journal. D. Sales journal. E. Cash receipts journal.
Bill, a marketing analyst in Godren Inc., is required to address all employees of the company on their sales targets for the next fiscal quarter. To help employees get a clear understanding of their targets and to reduce pressure on them, Bill uses several jokes and innuendos that are not received well by his supervisors. In the given scenario, which of the following communication guidelines does Bill not take into consideration?
A. Avoid slang B. Be concise C. Avoid bias D. Maintain eye contact
Global Shipping Corporation and Harbor Warehouse Company transfer their property to Investment Managers, Inc, which manages the property and distributes the profits to Global Shipping and Harbor Warehouse. This form of a business organization is? A) a business trust
B) a joint stock company. C) a joint venture. D) a syndicate.
The Second Restatement provides that the death of a principal terminates all authority of an agent, including apparent authority, even though no notice is given to third parties
Indicate whether the statement is true or false