CIPS L4M5 Question Answer
Which of the following are internal factors when a supplier is making its pricing decision?
1 and 2 only (Price elasticity of demand and Environmental legislation)
1 and 4 only (Price elasticity of demand and The stage in the product life cycle)
2 and 3 only (Environmental legislation and Risk management)
3 and 4 only (Risk management and The stage in the product life cycle)
TESTED 20 Oct 2025
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