CIPS L3M1 Exam - 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?

AEconomic

BEnvironmental

CPolitical

DEthical

Show Suggested Answer

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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Torie

3 months ago

Not so fast! What about the political influences on these factors?

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Selene

3 months ago

Yup, growth trends and incomes scream Economic!

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Precious

3 months ago

Wait, are we sure about that? Seems like some could fit elsewhere.

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Craig

4 months ago

Agreed, all about the money factors.

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Earleen

4 months ago

Definitely under Economic!

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Quentin

4 months ago

I’m pretty confident it’s Economic since all those factors impact financial stability and business growth.

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Fairy

4 months ago

I’m not entirely sure, but I feel like unemployment patterns might relate to Political factors too?

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Laila

4 months ago

I remember practicing a similar question, and I believe growth trends and interest rates definitely fall under Economic.

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Sharee

5 months ago

I think the factors mentioned are mostly related to the economy, so I’m leaning towards Economic.

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Silvana

5 months ago

Okay, I think I've got it. The STEEPLED framework covers different external factors that can impact an organization, and the ones listed here are all related to the economic environment, so the answer has to be A. Economic.

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Kati

5 months ago

Hmm, I'm a bit torn on this one. The factors could also be seen as having political implications, like government policies affecting unemployment and tax rates. I might need to think this through a bit more.

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Melissia

5 months ago

This one seems pretty straightforward - the factors mentioned like growth trends, unemployment, incomes, interest rates, etc. are all clearly economic in nature, so I'm going with A. Economic.

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Joni

5 months ago

I'm a little unsure about this one. The factors could potentially fall under a few different STEEPLED headings, like economic, political, or even legal. I'll have to review my notes and try to remember how these factors are typically categorized.

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Emerson

5 months ago

This question seems straightforward. I'll carefully review the process diagram and compare it to the statements to determine which ones are true.

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Una

5 months ago

I think the answer is Packet Mirroring, since that allows you to capture and analyze the actual network traffic payload.

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Kayleigh

5 months ago

Gotta go with data classification on this one. Knowing what data needs to be protected is the foundation for implementing the right DLP tools and processes.

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Elza

5 months ago

Okay, I've got this. The NAS device should be placed in the same subnet as the hypervisors to minimize network latency and maximize performance.

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Celeste

10 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

10 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

8 months ago

Yeah, 'Political' could also be a possibility, but 'Economic' seems like the best fit here.

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Lemuel

9 months ago

I agree, those factors definitely seem more related to the economic aspect of STEEPLED.

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Freida

9 months 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

10 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

9 months ago

B) Environmental

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Lorean

9 months ago

Definitely economic, those factors all relate to the economy.

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Dominic

9 months ago

A) Economic

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Chuck

10 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

9 months ago

User 3: I agree with Yuette, I think 'Political' might be the right choice here.

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Deeann

9 months 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

9 months ago

User 1: I think it's 'Economic' because those factors seem more related to financial aspects.

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Tyra

10 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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