When Given a List of Items to Remember, People Tend

question 227

Multiple Choice

When given a list of items to remember, people tend to do better at recalling the first items on the list than the middle of the list. This is known as the ______.

• A) phi phenomenon
• B) recency effect
• C) chunking effect
• D) primacy effect

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Definitions:

Shareholders' Best Interest

The principle that company management should operate in a way that enhances the value received by shareholders.

Proxy Fights

A strategy utilized by shareholders to influence a corporation's management and policies by attempting to vote in favor of their own proposals.

Threat of Takeover

A situation where a company is at risk of being acquired by another, which often influences its stock price and corporate strategies.

Share Price

The cost of a single share of a company's stock, determined by market demand and supply.