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The factors are:
- Lack of the people's trust in the industry.
- It is a young industry and the people are not accustomed to paying premiums to alleviate risks.
- Mismanagement and incompetent management of the insurance companies.
- Laws set by Parliament failed to meet the unique needs of the third world market.
- Dishonesty by the public and lack of a big pool of customers.
- Lack of proper research for decision making.
What else can I help you with?
What two kinds of the factors does an organism depend on for survival?
together: biotic and abiotic factors determine the survival and growth of an organism and the productivity of the ecostystem in which the organism lives
What do limiting factors determine?
Limiting factors determine the abundance and distribution of a particular species within an ecosystem. These factors can include resources such as food, water, and shelter, as well as other environmental conditions like temperature, competition, and predation. When a species encounters a limiting factor, it can impact its growth, reproduction, and overall survival.
What are the factors that affect maturation?
Several factors can influence maturation, including genetics, nutrition, environment, and overall health. Genetic factors determine the individual's biological growth and development trajectory, while nutrition plays a crucial role in providing the necessary nutrients for healthy growth. Environmental factors such as exposure to toxins or stress can also impact maturation, as well as overall health conditions that affect hormone levels and organ development.
Causes of growth reduced in body?
Causes of reduced growth in the body can include genetic factors, hormonal imbalances, nutritional deficiencies, chronic illnesses, and certain medications. It is important to consult with a healthcare provider to determine the underlying cause and explore treatment options.
Sunlight and nutrient availability are the factors influencing .?
Sunlight and nutrient availability are critical factors influencing plant growth and productivity. Adequate sunlight is essential for photosynthesis, allowing plants to convert light energy into chemical energy. Meanwhile, nutrients such as nitrogen, phosphorus, and potassium are vital for various physiological processes and overall plant health. Together, these factors determine the health, growth rate, and biomass of plants in an ecosystem.
What are the Factors of growth of hotel industry?
The economy is one of the factors of growth in the hotel industry. When the economy is good, there is more money for vacations, and hotel stays. Tourism and business travel are also factors of growth in the hotel industry.
NAME THE Factors that influenced the growth of the industry?
the goverment issue.....................
What factors determine if a stock is considered cheap in the current market conditions?
A stock is considered cheap in the current market conditions based on factors such as its price compared to its earnings, growth potential, industry trends, and overall market sentiment.
What are the factors that led to the development and growth of tourism industry worldwide?
Advances in modes of travel and in communication led to growth of the tourism industry. Integration of the global economy was also a factor.
What social factors determine population trends and demographics of a region?
it the growth of the population
What factors determine the size of a bean?
The size of a bean is determined by genetic factors, environmental conditions, and the availability of nutrients during its growth.
Which factors contributed most to the growth of industry in Texas during the mid-20th century?
Answer this question… The Bracero program
What factors contributes to the of growth of prosthetic industry in 1860?
The key drivers of progress: deadlier bullets and government money.
What two kinds of the factors does an organism depend on for survival?
together: biotic and abiotic factors determine the survival and growth of an organism and the productivity of the ecostystem in which the organism lives
How is job growth calculated and what factors are considered in determining the increase or decrease in employment opportunities within a specific industry or region?
Job growth is calculated by comparing the number of jobs in a specific industry or region over a period of time. Factors such as economic conditions, population growth, technological advancements, and government policies are considered in determining the increase or decrease in employment opportunities.
What factors contribute to determining the intrinsic growth rate r of a company's stock value?
The intrinsic growth rate (r) of a company's stock value is influenced by factors such as the company's earnings growth, profitability, market conditions, industry trends, and overall economic outlook. These factors help investors assess the potential for future growth and value of the company's stock.
How has rapid growth of distribution channels affected the insurance industry?
New companies, such as The Direct Response Insurance Co., allow customers to circumvent traditional agents and brokers. Moreover, the Internet offered customers the opportunity to buy insurance online.
