A Risk That Affects Only Individuals or Small Groups and Not

question 54

Multiple Choice

A risk that affects only individuals or small groups and not the entire economy is called a

• A)diversifiable risk.
• B)pure risk.
• C)speculative risk.
• D)nondiversifiable risk.

---

Definitions:

Scientific Research

The systematic investigation and study of materials and sources to establish facts and reach new conclusions.

Solution Evaluation

The process of assessing the options available to solve a problem, involving comparison based on criteria such as effectiveness, feasibility, and cost.

Information Search

The process of seeking, acquiring, and evaluating data and information to make a decision or solve a problem.

Groupthink

A mental phenomenon in which the pursuit of agreement and uniformity within a group results in illogical or maladaptive decisions.