Financial The Certified Internal Auditor Part 4 CIA-IV Dumps in PDF

Free Financial CIA-IV Real Questions (page: 6)

A global firm establishes a cost-based price for the firm's product in each country. The most likely negative outcome is that this pricing strategy will

  1. Set too high a price in countries where the firm's costs are high.
  2. Overprice the product in some markets and underprice the product in others.
  3. Create a gray market.
  4. Result in dumping.

Answer(s): A

Explanation:

A firm may set a cost-based price in each market with a standard markup. In a region or country where costs are high, this strategy may result in prices that are too high to be competitive within the local market.



A firm sells its product in a foreign market for a much higher price than in the firm's home market. The reason is most likely:

  1. Price elasticity of demand.
  2. Dumping.
  3. Gray market activity.
  4. Price escalation.

Answer(s): D

Explanation:

Price escalation is caused by an accumulation of additional costs, e.g., currency fluctuations; transportation expenses; profits earned by importers, wholesalers, and retailers; and import duties.



A firm sold the same product in many foreign countries but changed the ad copy to allow for language and cultural differences. According to teegan's model of adaptation strategies, the firm adopted a strategy of:

  1. Product adaptation.
  2. Communication adaptation.
  3. Dual adaptation.
  4. Straight extension.

Answer(s): B

Explanation:

Communication adaptation is a strategy that does not change the products, but advertising and marketing campaigns are changed to reflect the local culture and beliefs. For example, a firm may use one message but with changes in language, name, and colors. It may use a consistent theme but change the ad copy in each market. Another option is for a firm to devise a group of ads from which each market may choose the most effective. Still another option is to develop promotion campaigns locally.



A firm that sells in foreign markets should consider all aspects of how products move from the firm to ultimate users. Where in the whole channel are marketing mix decisions most likely made?

  1. Export department of the seller firm.
  2. Import department of the buyer firm.
  3. Channels within nations.
  4. Channels between nations.

Answer(s): A

Explanation:

Distribution channels are a necessity to ensure that goods are successfully transferred from the production facility to end users. These channels include three distinct links that must work smoothly together.
1. The international marketing headquarters (export department of international division) is where decisions are made with regard to the subsequent channels and other aspects of the marketing mix.
2. Channels between nations carry goods to foreign borders. They include air, land, sea, or rail transportation channels. At this stage, in addition to transportation methods, intermediaries are selected (e.g., agents or trading companies) and financing and risk management decisions are reached.
3. Channels within nations take the goods from the border or entry point to the ultimate users of the products. Among nations, the number of levels of distribution, the types of channels, and the size of retailers vary substantially.



The inherent attractiveness of a national market is most likely increased by which factor?

  1. The firm's strategic position.
  2. The market's exclusion from a regional free trade zone.
  3. Unmet needs of a developing nation.
  4. Product adaptation is costly.

Answer(s): C

Explanation:

Attractiveness is a function of such factors as geography, income, climate, population, and the product. Another major factor is the unmet needs of a developing nation, for example, China or India.



Share your comments for Financial CIA-IV exam with other users:

E
exampei
10/7/2023 8:14:00 AM

i will wait impatiently. thank youu

P
Prince
10/31/2023 9:09:00 PM

is it possible to clear the exam if we focus on only these 156 questions instead of 623 questions? kindly help!

A
Ali Azam
12/7/2023 1:51:00 AM

really helped with preparation of my scrum exam

J
Jerman
9/29/2023 8:46:00 AM

very informative and through explanations

J
Jimmy
11/4/2023 12:11:00 PM

prep for exam

A
Abhi
9/19/2023 1:22:00 PM

thanks for helping us

M
mrtom33
11/20/2023 4:51:00 AM

i prepared for the eccouncil 350-401 exam. i scored 92% on the test.

J
JUAN
6/28/2023 2:12:00 AM

aba questions to practice

L
LK
1/2/2024 11:56:00 AM

great content

S
Srijeeta
10/8/2023 6:24:00 AM

how do i get the remaining questions?

J
Jovanne
7/26/2022 11:42:00 PM

well formatted pdf and the test engine software is free. well worth the money i sept.

C
CHINIMILLI SATISH
8/29/2023 6:22:00 AM

looking for 1z0-116

P
Pedro Afonso
1/15/2024 8:01:00 AM

in question 22, shouldnt be in the data (option a) layer?

P
Pushkar
11/7/2022 12:12:00 AM

the questions are incredibly close to real exam. you people are amazing.

A
Ankit S
11/13/2023 3:58:00 AM

q15. answer is b. simple

S
S. R
12/8/2023 9:41:00 AM

great practice

M
Mungara
3/14/2023 12:10:00 AM

thanks to this exam dumps, i felt confident and passed my exam with ease.

A
Anonymous
7/25/2023 2:55:00 AM

need 1z0-1105-22 exam

N
Nigora
5/31/2022 10:05:00 PM

this is a beautiful tool. passed after a week of studying.

A
Av dey
8/16/2023 2:35:00 PM

can you please upload the dumps for 1z0-1096-23 for oracle

M
Mayur Shermale
11/23/2023 12:22:00 AM

its intresting, i would like to learn more abouth this

J
JM
12/19/2023 2:23:00 PM

q252: dns poisoning is the correct answer, not locator redirection. beaconing is detected from a host. this indicates that the system has been infected with malware, which could be the source of local dns poisoning. location redirection works by either embedding the redirection in the original websites code or having a user click on a url that has an embedded redirect. since users at a different office are not getting redirected, it isnt an embedded redirection on the original website and since the user is manually typing in the url and not clicking a link, it isnt a modified link.

F
Freddie
12/12/2023 12:37:00 PM

helpful dump questions

D
Da Costa
8/25/2023 7:30:00 AM

question 423 eigrp uses metric

B
Bsmaind
8/20/2023 9:22:00 AM

hello nice dumps

B
beau
1/12/2024 4:53:00 PM

good resource for learning

S
Sandeep
12/29/2023 4:07:00 AM

very useful

K
kevin
9/29/2023 8:04:00 AM

physical tempering techniques

B
Blessious Phiri
8/15/2023 4:08:00 PM

its giving best technical knowledge

T
Testbear
6/13/2023 11:15:00 AM

please upload

S
shime
10/24/2023 4:23:00 AM

great question with explanation thanks!!

T
Thembelani
5/30/2023 2:40:00 AM

does this exam have lab sections?

S
Shin
9/8/2023 5:31:00 AM

please upload

P
priti kagwade
7/22/2023 5:17:00 AM

please upload the braindump for .net

AI Tutor 👋 I’m here to help!