Which of the Following Statements Defines a Social Group

question 66

Multiple Choice

Which of the following statements defines a social group?

• A) It refers to a complex and structured secondary group designed to achieve specific goals in an efficient manner.
• B) It refers to two or more people who are allocated the same task.
• C) It refers to a formal organization designed to accomplish goals and tasks in an efficient and rational way.
• D) It refers to two or more people who share some attribute and interact with one another.
• E) It refers to an organized and established social system that meets one or more of a society's basic needs.

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Definitions:

Proprietorship

A business owned and operated by a single person, making it the simplest form of business ownership.

Business Owned

Refers to entities such as companies or enterprises that are possessed and controlled by one or more persons or other businesses.

Economic Entity Assumption

An accounting principle that treats a business as separate from its owners, allowing for independent financial statements.

Personal Living Expenses

Costs associated with daily living, including food, housing, transportation, and entertainment.