A Direct Reference Group Is Composed Of

question 62

Multiple Choice

A direct reference group is composed of:

• A) face-to-face membership groups that touch people's lives directly
• B) only friends,neighbors,and relatives
• C) role models on television and in the movies
• D) people the individual does not want to be associated with
• E) people an individual aspires to be like

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Definitions:

Check-Cashing Outlets

Businesses that offer to cash checks for a fee, often serving customers who do not have access to traditional banking services.

Banking Services

Various financial services provided by banks, including loans, deposits, money transfers, and account management.

Money Orders

A financial instrument issued by a bank or postal service that allows the person named on the order to receive a specified amount of cash on demand, often used for payments when checks are not accepted.

Branch Banking

Banking operations in which a financial institution operates multiple branches, each providing banking services to customers.