When a Profession's Services Are Generally Accepted and Are Legitimized

question 12

Multiple Choice

When a profession's services are generally accepted and are legitimized, they impart _____ to the profession

• A)specialization
• B)organized strength
• C)cohesiveness
• D)cultural authority

---

Definitions:

Firm-Specific Risk

The risk associated with an investment in a particular company, including factors such as management competence and product demand.

Total Risk

The complete set of risks associated with an investment, including both systematic and unsystematic risks.

Beta Coefficient

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility, while a beta less than 1 indicates lower volatility.

Negatively Correlated

A relationship between two variables in which one variable increases as the other decreases.