Define the Following Terms

question 12

Short Answer

Define the following terms
-concept map

Understand how spatial cognition is categorized and the importance of cognitive maps in navigation.

Comprehend the relationship between imagery and memory recall.

Acknowledge the importance of updating and revising mental representations during navigation.

Understand the concept of spatial cognition and its components.

---

Definitions:

Market Share

The percentage of total sales volume in a market captured by a brand or company, serving as an indicator of competitiveness and market presence.

Return On Investment

A financial metric used to evaluate the efficiency of an investment, calculated by dividing the profit gained from an investment by the cost of the investment.

Experience Curve

A concept that suggests that as a company gains experience in producing a product or service, its unit production costs decrease due to learning and efficiencies.

Cumulative Output

The total amount of product or work produced over a specific period.