Software Is the Set of Instructions the Hardware Executes to Carry

question 151

True/False

Software is the set of instructions the hardware executes to carry out specific tasks.

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Definitions:

Systematic Risk

The risk inherent to the entire market or an entire market segment, also known as non-diversifiable risk or market risk.

Diversification

Strategy of spreading investments across various financial assets, industries, or other categories to reduce risk.

Inflation Risk

The hazard that the value of assets or income will be eroded as inflation shrinks the value of a country's currency.

Business-Specific Risk

The risk associated with the particular circumstances of a specific company, which can affect its earnings and thus its stock price.