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Douglas Dynamics, Inc. is North America's premier manufacturer of commercial work truck attachments and equipment. The company hast two segments: First, the Work Truck Attachments

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Douglas Dynamics, Inc. is North America's premier manufacturer of commercial work truck attachments and equipment. The company hast two segments: First, the Work Truck Attachments segment, which manufactures snow and ice control attachments such as snow plow blades. Second, the Work Truck Solutions segment, which manufactures municipal snow and ice control vehicles. In it's annual report, the company lists some of the risks that might affect an investor. A sub-set of those risks are listed below. Categorize each as systematic or unsystematic Loss of a major customer Pandemic, terrorist attack or war Product liability claims 1. Systematic (Market) Global increase in oil, steel and energy prices 2. Unsystematic (firm-specific) DO DE Decline in snowfall North American recession

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