Which Type of Influence Occurs When an Individual Uses the Behaviors

question 98

Multiple Choice

Which type of influence occurs when an individual uses the behaviors and opinions of reference group members as potentially useful bits of information?

• A) transient
• B) informational
• C) normative
• D) identification
• E) substantive

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Definitions:

Exercise Price

The predetermined price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.

Market Price

The current price at which an asset or service can be bought or sold in the market.

Strike Price

The fixed price at which the holder of an options contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Transactions Exposure

Short-run financial risk arising from the need to buy or sell at uncertain prices or rates in the near future.