Exam L5M7 Topic 1 Question 63 Discussion

Actual exam question for CIPS's L5M7 exam
Question #: 63
Topic #: 1
ACost Leaderis able to lower the price of an item or material within the marketplace. Is this true?

Suggested Answer: B Vote an answer

ACost Leaderdetermines the market price standard and can influence both price reductions and increases.
Their efficiency allows them to lead pricing trends.
Short cited term: "cost leader sets price standard in market." (L5M7 Study Guide, p. 179) Reference:CIPS L5M7 Study Guide, p. 179.

by Monica at Nov 18, 2025, 11:05 PM

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