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What Term Do We Use to Describe the Degree to Which

question 9

Essay

What term do we use to describe the degree to which members of a culture adapt their behaviors in order to reduce uncertainty and risk?


Definitions:

Expected Returns

The anticipated amount of profit or loss an investor predicts to receive from an investment, taking into account the possibility of fluctuating values.

Unsystematic Risk

The hazard pertaining to an individual business or field, which can be reduced by diversifying assets.

Systematic Risk

A risk pervasive throughout the whole market or a specific segment of it, not reducible by investment diversification.

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