Mnemonic Device: Tell your boss to fly a kite, when the labor market is tight. Explanation: A “tight labor market” means there are many jobs available.
Mnemonic devices for Economics
Mnemonics for gains, markets and marketing
NO GAINS ON SACRIFICE
Mnemonic Device: NO GAINS ON SACRIFICE Explanation: to remember a Formula for Gain Ratio and Sacrifice Ratio. Gain Ratio = New Ratio – Old Ratio Sacrifice Ratio = Old Ratio
Read More…
Did Fred Make Purple Pecan Pie Saturday?
Mnemonic Device: Did Fred Make Purple Pecan Pie Saturday? Explanation: This represents the 7 functions of marketing (a student came up with this, my first year of teaching, and
Read More…