Knowledge is both an individual attribute and a collective attribute of the firm. Knowledge is a cognitive, even a physiological, event that takes place inside people$$s heads. It is also stored in libraries and records, shared in lectures, and stored by firms in the form of business processes and employee know$-$how.

Which of the following statements best describes explicit knowledge?

ANSWER

Unselected

Explicit knowledge is tacit knowledge gained without using inference.

Unselected

Explicit knowledge refers to knowledge that encompasses the insights, judgment, creative processes, and wisdom that come from learning and long experience in a field, and from many trials and errors.

Unselected

Explicit knowledge is knowledge that can be documented and codified, often stored in information systems, on websites, in spreadsheets, or in handbooks and manuals.

Unselected

Explicit knowledge is that which can be directly applied to performing a task.