________ Are Groups That Serve as Frames of Reference for Individuals

question 2

Multiple Choice

________ are groups that serve as frames of reference for individuals in their consumption decisions because they are perceived as credible sources.

• A) Normative groups
• B) Formal groups
• C) Interpersonal groups
• D) Reference groups
• E) Informal groups

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Definitions:

Ethical Theory Domain

A branch of philosophy concerned with the systematic approach to understanding moral concepts and making moral judgments.

Ethical Egoism

A normative theory suggesting that the promotion of one's own good is in accordance with morality.

Teleological Theory

A theory in ethics and philosophy that posits the ends or consequences of an act determine its goodness or ethicality.

Conduct Domain

Relates to a sphere or field of action concerning the behaviors and actions governed by rules or standards in a specific context.