CIPS Exam L4M6 Topic 7 Question 48 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 48
Topic #: 7

[All L4M6 Questions]

A company supplies IT equipment and buys most of its components from first-tier suppliers in the UK. It wants to analyze its supply market to develop the supply chain and is going to review the main factors that have an influence. The company wants to use the STEEPLED external environmental analysis framework to achieve the best result. Which of the following STEEPLED factors is most likely to have the greatest effect?

ASociocultural

BTechnological

CEconomic

DEthical

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Suggested Answer: B, C

The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.

by Narcisa at Sep 07, 2024, 10:03 PM

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Merissa

4 days ago

I think the Economic factor is the most likely to have the greatest effect. Analyzing the economic conditions of the supplier market will be crucial for the company to develop its supply chain effectively.

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