Which of the Following Observations About Reference Groups Is FALSE

question 234

Multiple Choice

Which of the following observations about reference groups is FALSE?

• A) Reference groups are people to whom an individual looks when forming attitudes about a particular topic.
• B) An individual usually has a single reference group for all topics.
• C) An individual may make buying decisions based on what the group thinks.
• D) Reference group influence is stronger for products that others "see."
• E) Reference group influence is stronger for products that relate to status in the group.

---

Definitions:

Fraudulent Means

Fraudulent means involve deceit, trickery, or dishonest conduct with the intention of gaining an unfair advantage or causing harm to another party.

Securities

Financial instruments that represent ownership positions in publicly-traded corporations, creditor relationships with governmental bodies or corporations, or rights to ownership.

Public Market Price

The current trading value of goods, services, or securities in a publicly accessible market.

Electronic Filing

The submission of documents to a court or government agency via electronic means, such as email or specialized online platforms.