Asked by Danielle Efrat on Jul 04, 2024
Verified
Suppose you work for XYZ Corporation. You know you can contribute 6% of your salary to a 401K and the company will match that 100% after 6 years of service because it is in the employee handbook. This is an example of ________.
A) explicit information
B) explicit knowledge
C) tacit information
D) tacit knowledge
Explicit Knowledge
Information that is articulated, codified, and stored in certain media, easily transferable and accessible to others.
401K
A retirement savings plan sponsored by an employer allowing employees to save and invest a portion of their paycheck before taxes are taken out.
Employee Handbook
A manual provided by employers to employees containing job-related information, policies, procedures, and guidelines.
- Differentiate between explicit and tacit knowledge, emphasizing their importance within organizational settings.
Verified Answer
Learning Objectives
- Differentiate between explicit and tacit knowledge, emphasizing their importance within organizational settings.
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