What is the definition of tacit knowledge?

Tacit knowledge is defined as knowledge that is difficult to articulate and transmit. This type of knowledge is often personal and context-specific, arising from individual experiences and insights. For example, skills gained through practice, such as riding a bicycle or playing a musical instrument, serve as prime examples of tacit knowledge because they are acquired over time and are challenging to convey through formal instructions or documentation.

In contrast, the incorrect options either suggest that knowledge can be easily communicated or is well-documented, which characterizes explicit knowledge rather than tacit knowledge. Explicit knowledge is transferable and can be readily shared through writing or formal instruction, whereas tacit knowledge resides more in the individual's experiences and may require direct experience or observation to be understood fully.