IIA IIA-CIA-Part4 - Certified Internal Auditor - Part 4, Business Management Skills Exam

Question #6 (Topic: )
The least risky method of entering a market in a foreign country is by
A. Indirect exports. B. Licensing. C. Direct exports. D. Direct investments.
Answer: A
Question #7 (Topic: )
An advantage of a direct investment strategy when entering a foreign market is
A. Reduction in the capital at risk. B. Shared control and responsibility. C. Assurance of access when the foreign country imposes domestic content rules. D. Avoidance of interaction with the local bureaucracy.
Answer: C
Question #8 (Topic: )
A firm that moves from not exporting on a regular basis to establishing plants in foreign
countries has
A. Globalized. B. Nationalized. C. Glocalized. D. Internationalized.
Answer: D
Question #9 (Topic: )
Which strategy for a global marketing organization is based on a portfolio of national
markets?
A. reaction of a division to manage international marketing. B. A multinational strategy. C. A global strategy. D. Creation of an export department
Answer: B
Question #10 (Topic: )
Which strategy for a global marketing organization balances local responsiveness and
global integration?
A. Global. B. Multinational. C. Glocal. D. Transnational.
Answer: C
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