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explicit choice

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implicit choice [3] explicit knowledge [4]

Definition

Explicit choices are found in calculated decisions about alternative investments and competitive strategies. The factors entering into the decision are stated clearly and precisely. This leaves no room for confusion, doubt, or misunderstanding as to what the basis for the choice and how the choice was arrived at.


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[1] https://managingresearchlibrary.org/knowledge/blog/lexicon [2] https://managingresearchlibrary.org/about [3] https://managingresearchlibrary.org/glossary/implicit-choice [4] https://managingresearchlibrary.org/glossary/explicit-knowledge