Describe the concepts of normative influence and comparative influence among reference groups
What will be an ideal response?
Normative influence occurs when the reference group helps to set and enforce fundamental standards of conduct. In contrast, comparative influence occurs when the group (because of its nature or expertise) impacts decisions about specific brands or activities.
Business
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Conspiracy, inducing breach of contract, misuse of confidential information and professional negligence are all intentional business torts
Indicate whether the statement is true or false
Business
A financial plan is only concerned with your future earnings and expenses. An examination of your current financial situation is not so important
Indicate whether this statement is true or false.
Business