A Group in Society,such as Family,friends,or a Professional Organization,that Influences

question 40

Multiple Choice

A group in society,such as family,friends,or a professional organization,that influences an individual's purchasing behavior is called a(n) :

• A) reference group
• B) conformist group
• C) opinion group
• D) social group
• E) influential group

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Definitions:

Health Care Industry

The sector that provides medical services, manufactures medical equipment, and develops pharmaceuticals, encompassing providers like hospitals and doctors.

Wages

Wages represent the compensation paid to employees for their labor, usually expressed as an hourly rate or annual salary, and are a key factor in employment agreements.

Salaries

Payments made to employees, often annually, for their services to an organization or company.

Health Insurance

Insurance that usually covers the expenses associated with medical and surgical procedures, prescription medications, and at times, dental care for the person insured.