The Primary Reason Most People Start Their Own Business Is

question 17

Multiple Choice

The primary reason most people start their own business is to:

• A) gain independence.
• B) build for their family.
• C) use their skills/abilities.
• D) earn large sums of money.

Understand the responsibility distribution for value-based management within an organization.

Identify the core values that contribute to the success of companies.

Grasp the characteristics of multiculturalism and its impact on organizational culture.

Distinguish between various subcultures within organizations and their unique characteristics.

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Definitions:

Systematic Risk

The inherent risk associated with the entire market or market segment, also known as market risk.

Beta Coefficient

A means of gauging the rate of fluctuation, or uniform risk, inherent in a security or portfolio as compared to the entire market.

Treynor Index

A performance metric for determining how well an investment portfolio is compensated for taking investment risk, adjusted for market volatility.

Unsystematic Risk

The risk associated with a specific issuer of a security, such as a company's financial health or management decisions, also known as "specific risk" or "idiosyncratic risk."