Which of the Following Statements About the Online Insurance Industry

question 11

Multiple Choice

Which of the following statements about the online insurance industry is not true?

• A)The Internet has dramatically changed the insurance industry's value chain.
• B)Web sites of almost all the major firms provide the ability to obtain an online quote.
• C)Internet usage has led to a decline in term life insurance prices industry-wide.
• D)The industry has been very successful in attracting visitors searching for information.

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Definitions:

Neolithic Revolution

Marks the transition from nomadic hunting and gathering lifestyles to settled farming and agriculture, leading to significant changes in human society and environment.

Consequences

The outcomes, effects, or results that naturally follow from an action or condition, often used in the context of discussing the aftermath of decisions.

Informal Economy

The part of an economy that is neither taxed nor monitored by any form of government, often characterized by cash transactions and unregulated employment.

Goods And Services

The products and activities offered by businesses to satisfy the needs and wants of consumers, where goods are tangible items and services are intangible experiences or tasks performed.