VALS Creates Profiles of People Based on Their Primary Motivation

question 15

Multiple Choice

VALS creates profiles of people based on their primary motivation and resources. In the VALS framework, consumers motivated by ___________ desire social or physical activity, variety, and risk.

• A)ideals
• B)achievement
• C)self-expression
• D)Survivors
• E)Innovators

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Definitions:

Investor Behavior

The study of how psychology influences financial decision-making and market movements.

Arbitrage Opportunities

Situations where it is possible to simultaneously buy and sell an asset or security for a profit due to price differences across markets.

Allocationally Efficient

A state of resource distribution where it is impossible to improve the utility of one individual without impairing the utility of another.

Moving Average Line

A technical analysis tool that smooths out price data by creating a constantly updated average price over a specific period of time, often used to identify trends.