All of the Following Are Common Firm-Specific Risks Faced by Companies

question 40

Multiple Choice

All of the following are common firm-specific risks faced by companies except:

• A) litigation
• B) employee relations
• C) dependence upon one or a few customers
• D) labor wages and supply

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Definitions:

Federal Government

A system of government in which power is divided between a central authority and constituent political units, such as states or provinces.

Central Planning

An economic system where key decisions regarding production, investment, and distribution are made by the government or a central authority, rather than left to market forces.

Consumer Goods

Products and services that satisfy human wants directly.

Dollar Votes

A term suggesting that consumers participate in the market and influence production and consumption patterns through their spending choices.