Question

How does disclosure contribute to maintaining a competitive edge for firms in the insurance industry?

a.

By limiting the analysis of information

b.

By hindering the revision of management policies

c.

By facilitating continuous analysis of information

d.

By discouraging world-class standards and efficiency

Answer: (c).By facilitating continuous analysis of information Explanation:Public disclosure facilitates continuous analysis of information by analysts and supervisors, contributing to maintaining a competitive edge for firms in the industry.

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Q. How does disclosure contribute to maintaining a competitive edge for firms in the insurance industry?

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