Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam L4M5 Topic 3 Question 68 Discussion

Actual exam question for CIPS's L4M5 exam
Question #: 68
Topic #: 3
[All L4M5 Questions]

Which of the following is a source of information on microeconomic factors?

Show Suggested Answer Hide Answer
Suggested Answer: C

Listening is a hugely important skill in the world of work. It's a key part of effective communication [...].

Regarding active listening, there is a model called 'The SIER Hierarchy of Active Listening'. It details four key stages required for effective listening. As with all models associated with active listening, its purpose is to help the listener be a better, more effective listener who really hears what is being said, connects with the individual with whom they are communicating and builds effective relationships.

The model is a hierarchical model meaning that each stage builds on the stage before it. While the model is sometimes used for training in the sales arena, it is helpful in all walks of life. The stages of the model are: Sensing (including hearing and watching body language), Interpreting, Evaluating and Responding.


- CIPS study guide page 171-173

- The SIER Hierarchy of Active Listening: Become a Better Listener

LO 3, AC 3.3

Contribute your Thoughts:

Salome
1 months ago
Ah, the classic 'mainstream media' option. You can't go wrong with that! They're always reliable and unbiased, right? *wink wink*
upvoted 0 times
Valda
7 days ago
A) Published economic indices such as the Retail Price Index (RPI)
upvoted 0 times
...
...
Lore
2 months ago
Hmm, the marketing and corporate communications of suppliers? Really? That sounds a bit biased, don't you think? I'll have to pass on that one.
upvoted 0 times
Lettie
14 days ago
C) Analysis published in the mainstream and financial media
upvoted 0 times
...
Domitila
26 days ago
I agree, the marketing and corporate communications of suppliers can be biased.
upvoted 0 times
...
Myrtie
1 months ago
C) Analysis published in the mainstream and financial media
upvoted 0 times
...
Leanna
1 months ago
B) Data published by the financial markets and commodity markets and exchanges
upvoted 0 times
...
Rashida
2 months ago
A) Published economic indices such as the Retail Price Index (RPI)
upvoted 0 times
...
...
Lenita
2 months ago
Data from the financial markets and commodity exchanges would provide valuable insights into microeconomic conditions. I'm leaning towards that option.
upvoted 0 times
Theodora
26 days ago
Data from the financial markets and commodity exchanges would provide valuable insights into microeconomic conditions. I'm leaning towards that option.
upvoted 0 times
...
Reyes
28 days ago
B) Data published by the financial markets and commodity markets and exchanges
upvoted 0 times
...
Filiberto
1 months ago
A) Published economic indices such as the Retail Price Index (RPI)
upvoted 0 times
...
...
Gracia
2 months ago
The Retail Price Index (RPI) is definitely a good source of information on microeconomic factors. That's a no-brainer!
upvoted 0 times
...
Mabel
2 months ago
I'm not sure, but I think C) Analysis in the financial media could also provide valuable insights.
upvoted 0 times
...
Katheryn
2 months ago
I agree with Cruz, economic indices are a reliable source of microeconomic information.
upvoted 0 times
...
Cruz
2 months ago
I think the answer is A) Published economic indices like RPI.
upvoted 0 times
...

Save Cancel