One Example of a Nondiversifiable Risk Is the Sudden

question 101

Multiple Choice

One example of a nondiversifiable risk is the sudden:

• A)resignation of a well-respected president of a firm.
• B)passing of a well-respected Federal Reserve Bank chairman.
• C)resignation of a key employee of a major manufacturer.
• D)replacement of a firm's workforce with robots.
• E)closing of a business due to a lack of sales.

---

Definitions:

External Change Agents

Professionals from outside an organization who are brought in to facilitate change and offer unbiased perspectives on challenges.

Advantages And Disadvantages

The positive and negative aspects of a particular choice, situation, or action that need to be considered when making a decision.

Fear Of Failure

The apprehension or anxiety of failing to achieve a goal or meet a standard, which can influence behavior and decision-making.

Resisting Change

The reluctance or refusal to adapt to new procedures, processes, or changes within an organization or environment.