Elementary School Students in the U

question 44

Multiple Choice

Elementary school students in the U.S.are often taught to use the very familiar word "HOMES" as a cue for remembering the names of the Great Lakes (each letter in "HOMES" provides a first-letter cue for one of the lakes: Huron,Ontario,Michigan,Erie,Superior) .This memory procedure usually works better than repeating the names over and over.The use of this familiar word provides an example of

• A)a self-reference effect.
• B)repetition priming.
• C)implicit memory.
• D)elaborative rehearsal.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing as scale is increased.

Value Chains

The full range of activities that businesses go through to bring a product or service from conception to delivery to the end user.

Economies of Scope

Cost advantages that a business obtains due to a broader range of operations or production levels.

Horizontal Integration

A strategy where a company acquires or merges with other companies at the same stage of production in its industry, seeking to increase market share.