A Group Composed of People That the Consumer Actually Knows

question 31

Multiple Choice

A group composed of people that the consumer actually knows is called a(n) ________ reference group.

• A) aspirational
• B) tribal
• C) membership
• D) networked

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Definitions:

Unincorporated

Referring to entities or businesses that have not formed or been recognized as a corporation under law.

Taxed

Subjected to financial charges or levies imposed by a government on income, transactions, or property.

Partnership

A legally sanctioned business model where two or more associates share both the responsibilities of managing the business and the profits derived from it.

Partnership

A legal form of business operation between two or more individuals who share management and profits.