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Groups a person likes to be associated with, formal or informal, are called:

AReflected agencies
BReference groups
CReferral agencies
DRefined groupings
Answer & Solution
Correct answer: B. Reference groups
1. A club or a circle of friends both count. 2. They serve as role models. 3. They are reference groups. _Source: OpenStax Principles of Marketing, Chapter 3, Understanding Consumer Markets and Buying Behavior._
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