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CIPS Exam L3M3 Topic 3 Question 25 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 25
Topic #: 3
[All L3M3 Questions]

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

Show Suggested Answer Hide 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
30 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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Stefania
9 days ago
User 4: I'll stick with A) Socio-cultural, just to be safe.
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Vivan
13 days ago
User 1: I think it's actually C) Economic.
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Augustine
16 days ago
User 3: I'm not sure, but I'll go with B) Legal.
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Rosalind
18 days ago
User 2: Really? I was leaning towards D) Political.
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Ernest
21 days ago
User 1: I think it's actually C) Economic.
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Callie
2 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
21 days ago
I think it could also be D) Political. Regional grants are often influenced by political decisions.
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Rusty
24 days ago
User 3: I'm still sticking with B) Legal. It just makes more sense to me.
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Blondell
1 months 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
1 months ago
User 2: I agree with Barney, it's definitely a political issue.
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Evan
1 months ago
User 1: I think it's D) Political. Governing regimes are definitely political.
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Carisa
1 months 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
2 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
22 days ago
That's a good point too. Economic factors are definitely important to consider in business decisions.
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Sheron
23 days ago
I would have chosen C) Economic, as import taxes and rising labor costs are economic issues.
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Wilburn
25 days ago
Yes, you're right. Political factors definitely play a big role in determining business strategies.
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Mammie
30 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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