Emmie Is a New Employee at a Local Firm

question 8

Multiple Choice

Emmie is a new employee at a local firm. On her first day, she enters a training program with three other new employees, and they all quickly become friends, often eating lunch together or socializing after work. For Emmie, the other new employees represent a(n) __________.

• A) out-group
• B) in-group
• C) co-culture
• D) dominant culture

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Definitions:

Wilshire 5000 Index

A market-capitalization-weighted index of the market value of all US-based stocks actively traded in the United States.

Mutual Fund

An investment vehicle comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

S&P 500 Index

A stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.

ETFs

Exchange-Traded Funds, investment funds traded on stock exchanges, much like stocks, typically tracking an index, commodity, bonds, or a mix of investment types.