AAFM Exam GLO_CWM_LVL_1 Topic 5 Question 81 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 81
Topic #: 5

[All GLO_CWM_LVL_1 Questions]

The length of the insurance industry's business cycle is shortened because of

ARegulatory provisions

BHigh specialization

CEasy entry and exit conditions

DNone of these

Show Suggested Answer

Suggested Answer: B

by Bernadine at May 28, 2024, 01:29 PM

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3 days ago

B seems like a reasonable option too. The high level of specialization in the insurance industry could also play a role in the shorter cycle.

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12 days ago

I think the answer is C. Easy entry and exit conditions definitely contribute to the shortened business cycle in the insurance industry.

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18 days ago

But high specialization could also play a role in shortening the cycle.

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19 days ago

I agree, regulations can impact the length of the business cycle.

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25 days ago

I think it's because of regulatory provisions.

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