The Effect by Which People Recognize Images (Such as Faces

question 18

Multiple Choice

The effect by which people recognize images (such as faces or animals) in clouds or other media is called:

• A) Pareidolia.
• B) Psychedelia.
• C) Kinesthesia.
• D) Echolalia.
• E) Precognition.

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Definitions:

Operating Plan

A short- to intermediate-term business plan addressing a firm’s methods and goals over the period covered. Most companies have an annual operating plan.

Financial Projections

Estimates of a company's future revenues, expenses, cash flow, and financial performance, often used for budgeting and strategic planning.

Strategic Issues

Fundamental challenges or critical decisions that affect the overall direction and competitiveness of a business.

Budgeting

The process of creating a plan to spend your money, outlining projected income versus expenses.