Joanie and Chachi Have Just Started to Attend Church

question 123

Multiple Choice

Joanie and Chachi have just started to attend church. Joanie pays attention to when the rest of the congregation sits and stands because she wants to be sure to stand and sit at the appropriate times. Chachi stands up and sits down when the rest of the congregation does because if he doesn't the elderly couple across the aisle scowl at him. Joanie has conformed because of _____, whereas Chachi has conformed because of _____.

• A) normative influence; informational influence
• B) informational influence; normative influence
• C) compliance; obedience
• D) obedience; compliance

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Definitions:

Debt Capital

Financing acquired through borrowing that must be repaid at a later date, typically with interest.

Private Placements

A means of raising capital through the sale of securities to a relatively small number of select investors rather than through a public offering.

Corporate Debt Issues

refer to the financial obligations or borrowings taken on by companies, typically through the issuance of bonds, loans, or commercial paper.

Corporate Equity Issues

The process by which companies issue shares of stock to raise equity capital.