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CIPS Exam L3M1 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?

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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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Ashanti
5 days 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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Chuck
7 days 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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Tyra
20 days 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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Lucina
7 days ago
A) Economic
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Francesco
9 days ago
A) Economic
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Allene
26 days ago
I'm not sure, but I think it could also be C) Political, as tax rates and exchange rates can be influenced by government policies.
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Rosenda
1 months ago
I agree with Isadora, economic factors like growth trends and interest rates would fall under that category.
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Isadora
1 months ago
I think the answer is A) Economic.
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