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CIPS Exam L3M1 Topic 1 Question 13 Discussion

Actual exam question for CIPS's L3M1 exam
Question #: 13
Topic #: 1
[All L3M1 Questions]

Thinking of the STEEPLED factors which may impact long-term on an organisation, under which one heading would the following appear: growth trends, unemployment patterns, incomes, interest rates exchange rates and tax rates?

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Suggested Answer: B

'Multi-national corporation' is the correct answer. Very large international organisations, with very large turnover, purchasing power and influence. Examples would include: Alphabet, Amazon, Ap-ple, Dell, Ford, Shell, Toyota, etc


by Brent at Jun 23, 2024, 05:38 AM

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Celeste
1 months ago
Wait, is this a trick question? Are they trying to get us to choose 'Environmental' just because they mentioned 'growth trends'? Sorry, but I'm not falling for that eco-friendly bait - this is all about the Benjamins, baby!
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Cathrine
1 months ago
Ooh, tricky one! I'm tempted to go with 'Political' since things like interest rates and exchange rates can be impacted by government policies. But I think the overall thrust of the factors mentioned points more towards 'Economic'. Time to use my PESTLE powers!
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Edwin
2 days ago
Yeah, 'Political' could also be a possibility, but 'Economic' seems like the best fit here.
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Lemuel
10 days ago
I agree, those factors definitely seem more related to the economic aspect of STEEPLED.
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Freida
14 days ago
I think it's 'Economic' because growth trends, unemployment patterns, incomes, interest rates, exchange rates, and tax rates all relate to the economy.
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Ashanti
1 months ago
Haha, this is a classic case of STEEEPLED trying to trick us! But I'm not falling for it - 'Economic' is the clear winner here. Time to put my economics hat on and ace this question.
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Helga
10 days ago
B) Environmental
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Lorean
29 days ago
Definitely economic, those factors all relate to the economy.
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Dominic
1 months ago
A) Economic
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Chuck
2 months ago
I'm a bit unsure about this one. At first, I thought 'Economic' was the obvious choice, but then I started wondering if 'Political' could also be relevant since some of those factors are influenced by policy decisions. Hmm, I'll have to think this through carefully.
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Yuette
6 days ago
User 3: I agree with Yuette, I think 'Political' might be the right choice here.
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Deeann
9 days ago
User 2: I see your point, but I'm leaning towards 'Political' because policies can have a big impact on those factors.
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Dottie
1 months ago
User 1: I think it's 'Economic' because those factors seem more related to financial aspects.
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Tyra
2 months ago
Clearly, the economic factors like growth trends, unemployment, interest rates, and tax rates would all fall under the 'Economic' heading. This seems like a straightforward question.
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Sheldon
10 days ago
No, those factors are more related to the economy than the environment.
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Caprice
15 days ago
B) Environmental
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Aliza
1 months ago
Yes, those factors definitely fall under the 'Economic' heading.
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Suzi
1 months ago
Clearly, the economic factors like growth trends, unemployment, interest rates, and tax rates would all fall under the 'Economic' heading.
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Lucina
2 months ago
A) Economic
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Francesco
2 months ago
A) Economic
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Allene
2 months ago
I'm not sure, but I think it could also be C) Political, as tax rates and exchange rates can be influenced by government policies.
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Rosenda
2 months ago
I agree with Isadora, economic factors like growth trends and interest rates would fall under that category.
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Isadora
2 months ago
I think the answer is A) Economic.
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