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Which of the following are internal factors when a supplier is making its pricing decision? Price elasticity of demand Environmental legislation Risk management The stage in the product life cycle
Correct Answer: D
Risk management (3) and the stage in the product life cycle (4) are internal factors within the supplier's control and directly influence pricing decisions. These internal factors guide strategic pricing policies. In contrast, price elasticity of demand and environmental legislation are external factors, as per CIPS's guidelines on pricing influences.