Explain the Difference Between Systematic and Unsystematic Risk,and Why One

question 11

Essay

Explain the difference between systematic and unsystematic risk,and why one of these types of risks is rewarded with a risk premium while the other type is not.

Understand the symbolic representation used in specifying surface textures and requirements on engineering drawings.

Identify and define key terms related to surface texture specification such as material removal, micrometer, and roughness.

Distinguish between different symbols and their meanings in the context of material removal and surface texture requirements.

Describe the units of measurement used in specifying surface textures, including micrometers and microinches.

---

Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving performance on simple or well-rehearsed tasks and hindering it on complex tasks.

Drive Theory

A theory in psychology that explains motivation as being driven by the desire to reduce internal tensions caused by unmet needs.

Social Facilitation

The tendency for individuals to perform better on tasks when in the presence of others than when alone.

Wisdom of the Crowd

The phenomenon that collective judgment or decision of a diverse group of individuals is often more accurate than that of any single member of the group.