Explicit knowledge is thought to have a stronger impact on helping organizations achieve a competitive advantage than tactic knowledge.

Question

Quizplus · Accepted Answer

This statement is incorrect. While explicit knowledge (e.g. documented procedures, data, etc.) is important, tacit knowledge (e.g. experience, intuition, etc.) is often more valuable in helping organizations achieve a competitive advantage as it is difficult to replicate or imitate. Both types of knowledge are important and can complement each other in achieving organizational goals.

Explicit Knowledge Is Thought to Have a Stronger Impact on Helping