According to VALS,________ Have Goal-Oriented Lifestyles and a Deep Commitment

question 17

Multiple Choice

According to VALS,________ have goal-oriented lifestyles and a deep commitment to career and family.Their social lives reflect this focus and are structured around family,their place of worship,and work.They live conventional lives,are politically conservative,and respect authority and the status quo.They value consensus,predictability,and stability over risk,intimacy,and self-discovery.With many wants and needs,they are active in the consumer marketplace.Image is important to them.They favor established,prestige products and services that demonstrate success to their peers.Because of their busy lives,they are often interested in a variety of time-saving devices.

• A)Achievers
• B)Experiencers
• C)Makers
• D)Thinkers
• E)Believers

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Definitions:

AASB 11

An accounting standard that sets out the financial reporting requirements for entities that have an interest in arrangements that are controlled jointly (joint arrangements).

Joint Control

A situation where the strategic financial and operating policy decisions of a business arrangement are determined by unanimous consent of the parties sharing control.

Unilateral Control

The power exerted by one entity over another without the need for mutual agreement or cooperation.

Strategic Operating Decisions

Decisions that affect the overall direction and operations of a company, focusing on long-term goals and objectives.