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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Mila

1 months ago

I heard the insurance industry is so fast-paced, they hold their business cycle meetings during a coffee break.

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Virgina

3 days ago

C) Easy entry and exit conditions

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Ilene

13 days ago

B) High specialization

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Fallon

17 days ago

A) Regulatory provisions

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Sheron

1 months ago

Hmm, A, B, or C? This is a tough one. I'm leaning towards C, but I might need to consult my crystal ball to be sure.

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Annabelle

1 months ago

D? Really? No way, there has to be a specific reason for the shortened cycle. I'm going with A - regulatory provisions.

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Clay

7 days ago

Yeah, it's important to consider the impact of regulations on the business cycle.

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Abraham

10 days ago

I agree, regulations can play a big role in shaping how the insurance industry operates.

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Dalene

23 days ago

I think A makes sense, regulatory provisions can definitely impact the length of the business cycle.

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Jamal

2 months 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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Lettie

1 months 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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Marshall

1 months ago

C) Easy entry and exit conditions

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Desiree

2 months ago

B) High specialization

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Tijuana

2 months ago

A) Regulatory provisions

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Art

2 months 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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Shakira

1 months ago

Regulatory provisions can also play a role in shortening the business cycle by setting guidelines for companies to follow.

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Noah

2 months ago

I agree, easy entry and exit conditions make it easier for new companies to enter the market and for existing ones to leave.

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Kanisha

3 months ago

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

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Elouise

3 months ago

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

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Charlette

3 months ago

I think it's because of regulatory provisions.

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