John Graduates from College with a Degree in Business Administration

question 65

Multiple Choice

John graduates from college with a degree in business administration and gets a job with a large firm that audits small businesses that have contracts with the city. While working there, he becomes friends with Dave, who invites him to attend a weekly poker game, which becomes a meaningful part of John's social life. Some weeks the game is the only thing he has to look forward to. What does this illustrate?

• A) the absolute distinction between primary and secondary groups
• B) the goal-oriented nature of primary groups
• C) the way secondary groups produce nearly anonymous relationships
• D) the way primary groups can lead to membership in secondary groups
• E) the way secondary group ties can lead to the close personal ties of primary groups

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Definitions:

Manufacturing Firm

A company engaged in the transformation of raw materials, components, or parts into finished goods that meet a market's demand.

Finished Goods

Products that have completed the manufacturing process and are ready to be sold to consumers.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.

Funds Flow

The movement of cash in and out of a business or financial system, reflecting its operational, financing, and investing activities.