Both mnemonic techniques and understanding concepts are important for effective revision in Commerce.

Mnemonic techniques can be helpful in memorizing and recalling important information. They involve creating associations, images, or acronyms that aid in remembering complex concepts, formulas, or key points. Mnemonics can be particularly useful when there is a lot of factual information to remember, such as names, dates, or definitions.

However, relying solely on mnemonic techniques may not be sufficient for a comprehensive understanding of Commerce concepts. Understanding the underlying concepts is crucial for applying knowledge to real-life scenarios, analyzing problems, and answering exam questions effectively.

Therefore, it is recommended to use a combination of mnemonic techniques and focusing on understanding concepts. Start by gaining a solid understanding of the fundamental principles, theories, and frameworks in Commerce. Once you have grasped the concepts, you can use mnemonic techniques as aids to memorize specific details or formulas.

Additionally, practice applying the concepts through solving problems, case studies, or past exam papers. This will help you reinforce your understanding, identify any gaps in knowledge, and improve your ability to critically analyze and answer Commerce-related questions.

Remember, revision techniques can vary from person to person, so it's essential to find a study approach that works best for you. Experiment with different methods and adapt your revision strategy accordingly.