Unsystematic Risk Is Also Known As

question 71

Multiple Choice

Unsystematic risk is also known as:

• A)market risk
• B)nondiversifiable risk
• C)firm-specific risk
• D)macroeconomic risk

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Definitions:

Entrepreneurship

Entrepreneurship involves identifying business opportunities and willingly taking risks to start and manage a business.

Management Layers

The levels of management within an organization, from top-level executives to middle managers and then lower-level operational managers.

Downsizing

The process of reducing an organization's workforce or operations to decrease costs and improve efficiency, often leading to layoffs.