There are many factors which will influence supplier pricing decisions.

CIPS L4M5 Question Answer

There are many factors which will influence supplier pricing decisions. Which of the following are external factors that may apply? Select THREE that apply:

Customer perceptions of value

Cost of production

Price elasticity of demand

Environmental factors affecting the cost of raw materials

Where the product is in its ‘lifecycle’

Objectives of the organisation

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CIPS L4M5 Summary

Vendor: CIPS
Product: L4M5
Update on: Jan 16, 2026
Questions: 377

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There are many factors which will influence supplier pricing decisions.

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Explanation:

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