For privately held firms,firm specific risk may include lack of product,industry,and geographic
diversification; limited management depth,volatile stock markets,and unionized workforces.

Name: For privately held firms,firm specific risk may include lack of product,industry,and geographic diversification; limited management depth,volatile stock markets,and unionized workforces.
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Question

Quizplus · Accepted Answer

Privately held firms do not have volatile stock markets as a firm-specific risk because they are not publicly traded.

For Privately Held Firms,firm Specific Risk May Include Lack of Product,industry,and