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In a committee meeting on how to best serve Latinx students at their university,Dr.Gutierrez suggested a training she'd attended on best practices,but her colleagues failed to acknowledge her suggestion and kept brainstorming.Fifteen minutes later,Dr.Smith suggested the same workshop,which prompted the committee to agree to attend the workshop.Ignoring the female professor and believing the male professor is an example of which of the following?
Company-Specific
Company-Specific refers to factors or risks that affect an individual company's performance, distinct from broader market or industry factors.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification.
Beta Coefficient
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than market volatility.
Systematic Risk
The inherent risk that affects the entire market or economy, and cannot be avoided through diversification.
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