Which type of risk affects only a specific company or a specific industry?
A)interest rate
B)systematic
C)unsystematic
D)economic
E)inflation

Question

Quizplus · Accepted Answer

Unsystematic risk, also known as specific risk or diversifiable risk, is the risk that affects only a specific company or a specific industry. This type of risk can be reduced or eliminated through diversification, which means investing in a variety of companies or industries. The other types of risk listed (interest rate, systematic, economic, and inflation) are all forms of risk that can impact the entire market or a wide range of investments.

Which Type of Risk Affects Only a Specific Company or a Specific