Which of the Following Represent Unsystematic Risks

question 53

Multiple Choice

Which of the following represent unsystematic risks?
I.the president of a company suddenly resigns
II.the economy goes into a recessionary period
III.a company's product is recalled for defects
IV.the Federal Reserve unexpectedly changes interest rates

• A)I, II and IV only
• B)II and IV only
• C)I and III only
• D)I, II and III only

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Definitions:

Frequency Data

Data that describes how often different values occur in a dataset.

Errors

Mistakes or inaccuracies in actions or decisions, which can arise in various contexts and have varying degrees of impact.

TQM

Total Quality Management (TQM) is a management approach centered on continuous improvement, employee involvement, and customer satisfaction.

Continuous Improvement

An ongoing effort to improve products, services, or processes through incremental and innovative changes.