A Person with Organizational Clout Who Takes on Personal Responsibility

question 40

Multiple Choice

A person with organizational clout who takes on personal responsibility for the successful completion of a project for the organization is referred to as a(n) __________.

• A)champion
• B)leader
• C)program manager
• D)campaigner

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Definitions:

Firm-Specific Risk

The risk associated with the unique factors affecting an individual company, separate from market-wide risks.

Diversification

An investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.

Money Invested

The total amount of financial resources allocated to a particular investment, asset, or project with the expectation of receiving future returns.