CIPS Related Exams
L3M3 Exam

What do we call it when a seller sets a low introductory price to win customers, or to discourage competitors owing to the low margins achievable in the marketplace? Choose one.
If your organisation takes out insurance cover to address various risks, which one of the following risk management strategies is it adopting?
The variable cost of a bottle of water is 25 cents. Selling price is $1, and fixed costs are one hundred thousand dollars. How many bottles of water must be sold to reach breakeven point?