If You Use the Old Mnemonic "My Very Educated Mother

question 1

Multiple Choice

If you use the old mnemonic "My Very Educated Mother Just Served Us Nine Pizzas" to remember the order of the original nine planets in our Solar System as they move outward from the Sun, you are using a memory strategy called ________.

• A) centration
• B) egocentrism
• C) schematizing
• D) organization

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Definitions:

Product-by-value Analysis

A method for prioritizing products or projects based on their monetary value and impact on the company's goals.

Financial Analysis

The evaluation of a business's financial statements to understand its performance, liquidity, and solvency, among other factors.

Firm's Resources

Assets, capabilities, organizational processes, firm attributes, information, and knowledge that a firm controls and can use to conceive and implement its strategies.