CIPS Exam L3M3 Topic 3 Question 25 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 25
Topic #: 3

Which STEEPLE factor deals with issues of import taxes, rising home labour costs, regional grants, stability of governing regimes?

ASocio-cultural

BLegal

CEconomic

DPolitical

Show Suggested Answer

Suggested Answer: C

Political.

It's a close-run thing with economic, but the reference to 'stability of governing regimes' clinches if for 'political'.

by Jennifer at Oct 18, 2024, 01:42 PM

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Stephania

16 days ago

Haha, I'm just going to guess A) Socio-cultural. Sounds like something a confused test-taker would pick!

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Augustine

2 days ago

User 3: I'm not sure, but I'll go with B) Legal.

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Rosalind

4 days ago

User 2: Really? I was leaning towards D) Political.

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Ernest

7 days ago

User 1: I think it's actually C) Economic.

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Callie

1 months ago

Hmm, I'm going with B) Legal. Stability of governing regimes sounds like a legal issue to me.

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Ariel

7 days ago

I think it could also be D) Political. Regional grants are often influenced by political decisions.

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Rusty

10 days ago

User 3: I'm still sticking with B) Legal. It just makes more sense to me.

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Blondell

18 days ago

I'm going with B) Legal too. It makes sense that import taxes and stability of governing regimes are legal factors.

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Barney

21 days ago

User 2: I agree with Barney, it's definitely a political issue.

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Evan

26 days ago

User 1: I think it's D) Political. Governing regimes are definitely political.

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Carisa

30 days ago

I agree with C) Economic. Rising home labour costs and import taxes are economic issues.

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Ramonita

1 months ago

I think it's D) Political. Stability of governing regimes is definitely a political factor.

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Cristen

1 months ago

I agree with Merissa. Economic factors like import taxes and rising labor costs definitely impact businesses.

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Chu

2 months ago

Definitely C) Economic. Import taxes and labor costs are economic factors, not political ones.

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Danilo

2 months ago

I think the answer is D) Political. That's the STEEPLE factor that deals with government and economic policies.

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Donte

8 days ago

That's a good point too. Economic factors are definitely important to consider in business decisions.

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Sheron

9 days ago

I would have chosen C) Economic, as import taxes and rising labor costs are economic issues.

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Wilburn

11 days ago

Yes, you're right. Political factors definitely play a big role in determining business strategies.

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Mammie

16 days ago

I think the answer is D) Political. That's the STEEPLE factor that deals with government and economic policies.

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Merissa

2 months ago

I think the answer is C) Economic.

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