Systematic risk is a risk that can be quantified and managed. Unsystematic risk is not so easily quantified and managed. Unsystematic risks are the risks that cannot be easily identified or controlled by a person or group of people. They are often categorized as natural disasters, such as earthquakes, floods, hurricanes, and tornadoes
Unsystematic risk is the risk that is not specifically defined or understood. The risk can be of any type and it may be difficult to predict. On the other hand, Systematic risk is an identifiable, quantifiable and well-defined risk with a known probability of occurrence. The risk can be managed by taking preventive measures.
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