Tacit knowledge is the hardest information for competition to obtain.

Question

Quizplus · Accepted Answer

Tacit knowledge refers to knowledge that is difficult to transfer or explain, as it is based on personal experience, intuition, or expertise. It is often acquired through hands-on practice or interaction with others, and it may be difficult to articulate or document. For this reason, it is more difficult for competitors to obtain and replicate, making it a valuable and potentially sustainable competitive advantage.

Tacit Knowledge Is the Hardest Information for Competition to Obtain