So I, more or less, need help understanding this problem.
The first thing I have tried is to pick a specific group: $\mathbf{Z}_5$, under multiplication.
To demonstrate, say we pick element $2$ and $|2| = 4$, and then the only other possible orders are $\{1,4\}$.
Indeed, $4 = LCM(1,4)$.
Not really quite sure, how to generalize this, yet. Any hints? What shall I think about? Definitely prime factorization of each element, hmm... I think!