Which One of the Following Is the Type of Risk

question 84

Multiple Choice

Which one of the following is the type of risk that only affects either a single firm or just a small number of firms?

• A) unexpected
• B) market
• C) systematic
• D) unsystematic
• E) expected

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Definitions:

Location Economies

Cost advantages that a firm obtains by operating in a particular geographical area.

Cost-Leadership Strategy

A business approach focused on gaining a competitive advantage by minimizing costs while maintaining acceptable quality, aiming to offer the lowest prices in the market.

Digital Platform

A technology solution that connects users and providers, facilitating interactions or transactions over the internet.

Global Integration

The process of international interconnection and cooperation, through which businesses and economies around the world become more interdependent.