Which one of the following risks would be classified as a unique risk for an auto manufacturer?
A) Interest rates
B) Steel prices
C) Business cycles
D)Foreign exchange rates

Question

Quizplus · Accepted Answer

Steel prices would be a unique risk for an auto manufacturer because it directly affects the cost of production for their vehicles. Interest rates, business cycles, and foreign exchange rates would be considered market risks that affect multiple industries or companies, not just auto manufacturers.

Which One of the Following Risks Would Be Classified as a Unique