In the VALS Framework,consumers Motivated by Ideals Are Guided by Knowledge

question 368

Multiple Choice

In the VALS framework,consumers motivated by ideals are guided by knowledge and principle.One segment of the two ideals-motivated groups,known as __________,are mature,reflective,and well-educated people who value order,knowledge,and responsibility.

• A)Makers
• B)Believers
• C)Thinkers
• D)Survivors
• E)Achievers

Calculate future values for various savings and investment plans.

Identify and classify types of annuities based on their payment and compounding conditions.

Apply compound interest principles effectively for both short-term and long-term financial planning.

Analyze the impact of different compounding frequencies on investments and loans.

---

Definitions:

Pique Technique

A psychological strategy to capture people's interest by making a request in an unusual manner, thereby increasing the likelihood of compliance.

Social Influence

The effect of others on an individual's thoughts, feelings, and behaviors.

Reciprocation

A mutual exchange of actions or goods, often characterized by a return of a favor or response to an action.

Scarcity Principle

A psychological principle suggesting that people find items and opportunities more valuable when they are perceived as scarce or limited.