________ Is the Value or Want-Satisfying Ability That Is Added

question 283

Multiple Choice

________ is the value or want-satisfying ability that is added to products by organizations that make the product more useful or accessible to consumers.

• A) Utility
• B) Applicability
• C) Functionality
• D) User friendliness

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Definitions:

Unique Risks

Unique risks refer to the specific and individual risks that affect only a particular company, security, or investment sector, as opposed to risks that affect the entire market.

Unsystematic Risk

The risk associated with a specific company or industry, which can be reduced through diversification.

Asset-specific Risk

Refers to the risk affecting an investment's value that is associated with the particular assets the investment owns, distinct from marketwide risks.

Specific Risk

The risk associated with a particular company or sector, which can be mitigated through diversification.