Which of the Following Is NOT a Social Influence in Consumer

question 318

Multiple Choice

Which of the following is NOT a social influence in consumer buying?

• A) Social class
• B) Beliefs
• C) Family
• D) Reference groups
• E) Culture

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Definitions:

Random Walk Theory

The hypothesis that stock market prices evolve according to a random walk and thus cannot be predicted.

Stock Prices

The market price of a share of a company's stock, reflecting investor sentiment and company valuation at a given time.

Predictable Pattern

A consistent and repeatable sequence observed in data, activities, or behaviors over time.

Systematic Trends

Patterns or movements in data that consistently occur over a specified period, indicative of a broader phenomenon or change.