Which of the following is not an approach for managing risk:
A)hedging
B)gaining control over the operating environment
C)limited use of firm-specific assets
D)ignoring systematic risk

Question

Quizplus · Accepted Answer

Ignoring systematic risk is not an approach for managing risk. Systematic risk is inherent in the market and cannot be controlled or eliminated through hedging, gaining control over the operating environment, or limiting the use of firm-specific assets. It is important to acknowledge and consider systematic risk when managing overall risk exposure.

Which of the Following Is Not an Approach for Managing