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American Bankers Association Exam CTFA Topic 1 Question 47 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 47
Topic #: 1
[All CTFA Questions]

Which of the following take place at the expansion stage of the industry life cycle?

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Suggested Answer: D

by Felicidad at Apr 24, 2023, 09:39 PM

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Denny
1 months ago
Wait, is this a trick question? What if the correct answer is 'all of the above'? Kidding, I think I'll go with A.
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Susana
9 days ago
User 3: Yeah, that makes sense. A seems like the right choice.
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Twana
13 days ago
User 2: I agree, firm operations do get more stable and dependable at the expansion stage.
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Maurine
15 days ago
User 1: I think I'll go with A.
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Annabelle
1 months ago
Haha, I hope the industry doesn't 'expand' like my waistline during this stage! In all seriousness, I'm leaning towards B.
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Lai
1 months ago
D is an interesting option, but I think it's more characteristic of the decline stage. I'll have to go with C on this one.
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Minna
2 days ago
Yeah, I think option C is the best fit for the expansion stage. It's all about stability in costs during that period.
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Nickolas
14 days ago
I see your point. Option C does make sense for the expansion stage, as costs tend to stabilize during that phase.
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Leonor
1 months ago
I agree, option D does sound more like the decline stage. I think option C is the right choice for the expansion stage.
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Frank
2 months ago
I'm torn between A and C. The industry life cycle dictates that costs should stabilize during the expansion stage.
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Marsha
22 days ago
True, it's a tough choice between A and C.
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Samuel
1 months ago
But firm operations also become more stable and dependable during that time.
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Shanda
1 months ago
I think you're right, costs do tend to stabilize during the expansion stage.
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Juan
2 months ago
Option A seems the most logical choice here. As the industry matures, operations become more stable and reliable.
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Dahlia
21 hours ago
True, but I think option A is more significant in terms of the expansion stage.
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Leah
2 days ago
But what about option C? Costs also tend to stabilize during this phase.
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France
13 days ago
I agree, option A makes sense. Operations tend to become more stable at the expansion stage.
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Ahmad
14 days ago
Definitely, stability in operations is key for long-term success in the expansion stage.
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Aja
23 days ago
I think option A is the best choice because it shows progress and maturity in the industry.
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Ben
1 months ago
Yes, stability in firm operations is crucial for growth and sustainability.
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Gennie
1 months ago
I agree, option A makes sense. Operations becoming more stable is a common characteristic of the expansion stage.
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Evangelina
2 months ago
I disagree, I believe the answer is C) Costs get stable rather than decreasing or increasing. This is because as the industry expands, costs tend to stabilize.
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Tora
2 months ago
I agree with Estrella, because at the expansion stage, firms tend to focus on stabilizing their operations.
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Estrella
2 months ago
I think the answer is A) Firm operations get more stable and dependable.
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