CIPS Level 4 Diploma in Procurement and Supply L4M5 Question # 101 Topic 11 Discussion
L4M5 Exam Topic 11 Question 101 Discussion:
Question #: 101
Topic #: 11
There are many factors which will influence supplier pricing decisions. Which of the following are external factors that may apply? Select THREE that apply:
A.
Customer perceptions of value
B.
Cost of production
C.
Price elasticity of demand
D.
Environmental factors affecting the cost of raw materials
[Reference: CIPS L4M5 Study Guide, Section 2.2 - Cost and Price Analysis, , , , ]
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