IIA-CIA-Part3 Exam QuestionsBrowse all questions from this exam

IIA-CIA-Part3 Exam - Question 31


Which of the following best describes a market signal?

Show Answer
Correct Answer: D

A market signal is an indication or sign that provides insight into the behavior or actions of competitors or market conditions. The competitor announcing a new warranty program is a clear example of a market signal as it informs other market players about potential changes in competitive dynamics and customer expectations.

Discussion

2 comments
Sign in to comment
dedfef
Dec 8, 2020

explain

DomiiiOption: A
Jan 9, 2024

The correct answer is A. The bargaining power of buyers is forcing a drop in market prices. This option describes a market signal where the buyers have significant power and influence, leading to a decrease in prices.

KonradK
Feb 4, 2024

Please provide source of this