In this paper, we discussed the Statistical modeling of the original data series and the residuals series. Residual series has been use for the forecasting the shock occurring in the economic data series. Objective and Subjective technique has been used for the modeling.

Tacit knowledge (TK) is a core value element important for obtaining a competitive edge for Customer Relationship Management (CRM). CRM is recognized of high value for integrating knowledge in marketing function. The focus on explicit knowledge so far has resulted in neglecting the importance of...