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?

ASocio-cultural

BLegal

CEconomic

DPolitical

Show Suggested 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

Limited Time Offer

25%

Off

Get Premium L3M3 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Stephania

3 months ago

Haha, I'm just going to guess A) Socio-cultural. Sounds like something a confused test-taker would pick!

upvoted 0 times

Markus

2 months ago

User 3: I agree with Markus, D) Political seems like the right answer.

upvoted 0 times

...

Mari

2 months ago

User 2: I'm going with D) Political.

upvoted 0 times

...

Stefania

2 months ago

User 4: I'll stick with A) Socio-cultural, just to be safe.

upvoted 0 times

...

Vivan

2 months ago

User 1: I think it's actually C) Economic.

upvoted 0 times

...

Augustine

3 months ago

User 3: I'm not sure, but I'll go with B) Legal.

upvoted 0 times

...

Rosalind

3 months ago

User 2: Really? I was leaning towards D) Political.

upvoted 0 times

...

Ernest

3 months ago

User 1: I think it's actually C) Economic.

upvoted 0 times

...

Callie

4 months ago

Hmm, I'm going with B) Legal. Stability of governing regimes sounds like a legal issue to me.

upvoted 0 times

Ariel

3 months ago

I think it could also be D) Political. Regional grants are often influenced by political decisions.

upvoted 0 times

...

Rusty

3 months ago

User 3: I'm still sticking with B) Legal. It just makes more sense to me.

upvoted 0 times

...

Blondell

3 months ago

I'm going with B) Legal too. It makes sense that import taxes and stability of governing regimes are legal factors.

upvoted 0 times

...

Barney

3 months ago

User 2: I agree with Barney, it's definitely a political issue.

upvoted 0 times

...

Evan

3 months ago

User 1: I think it's D) Political. Governing regimes are definitely political.

upvoted 0 times

...

Carisa

3 months ago

I agree with C) Economic. Rising home labour costs and import taxes are economic issues.

upvoted 0 times

...

Ramonita

4 months ago

I think it's D) Political. Stability of governing regimes is definitely a political factor.

upvoted 0 times

...

Cristen

4 months ago

I agree with Merissa. Economic factors like import taxes and rising labor costs definitely impact businesses.

upvoted 0 times

...

Chu

4 months ago

Definitely C) Economic. Import taxes and labor costs are economic factors, not political ones.

upvoted 0 times

...

Danilo

4 months ago

I think the answer is D) Political. That's the STEEPLE factor that deals with government and economic policies.

upvoted 0 times

Donte

3 months ago

That's a good point too. Economic factors are definitely important to consider in business decisions.

upvoted 0 times

...

Sheron

3 months ago

I would have chosen C) Economic, as import taxes and rising labor costs are economic issues.

upvoted 0 times

...

Wilburn

3 months ago

Yes, you're right. Political factors definitely play a big role in determining business strategies.

upvoted 0 times

...

Mammie

3 months ago

I think the answer is D) Political. That's the STEEPLE factor that deals with government and economic policies.

upvoted 0 times

...

Merissa

4 months ago

I think the answer is C) Economic.

upvoted 0 times

...