Describe Three Factors That Affect the Desire for Social Approval

question 43

Essay

Describe three factors that affect the desire for social approval.Give an example of how these factors might lead a person to change an important attitude,belief,or behavior.

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Definitions:

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A collection of stocks owned by an individual or institution designed to reduce risk through diversification.

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An options strategy where an investor holds a position in a stock and purchases a put option on the same stock to protect against a decline in its price.

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The difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.

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The financial gain produced after subtracting all expenses, taxes, and costs from total revenue.