Effect of Tacit Knowledge on Business Success among Igbo Trader

This research was conducted to evaluate the efficacy of tacit-knowledge on business success among Igbo traders. Tacit knowledge involves everyday problem solving ability gained through experience that is predictive of successful outcomes. The survey research design was used for the study. Data were generated through 300 respondents chosen by simple random sampling technique. To achieve the objective of the research, data were analyzed through tables, frequencies, percentages and chi-square test. It was found that tacit-knowledge has positive relationship with traders’ success. Five recommendations were made based on the findings of the study.