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CIPS Exam L3M4 Topic 1 Question 1 Discussion

Actual exam question for CIPS's L3M4 exam
Question #: 1
Topic #: 1
[All L3M4 Questions]

Thinking about PEST, or PESTEL, or STEEPLE; under which two headings would taxation most comfortably sit?

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Suggested Answer: A, B

The answer is political and economic.

The words used in the possible answers spell out STEEPLED which a later version of PEST, etc


by Glenna at Mar 16, 2024, 08:44 AM

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Una
10 months ago
Taxation has implications on both government decisions and economic conditions, making it a crucial element under Political and Economic categories in PEST analysis.
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Merissa
10 months ago
I can definitely see the connection to Social/socio-cultural factors, but I believe Economic and Legal headings are the most fitting for taxation.
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Herschel
10 months ago
I would argue that taxation is a key aspect under Political and Social/socio-cultural headings, as it involves government policies and societal impacts.
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Tish
10 months ago
I see where you're coming from with Legal, but I believe taxation is more closely related to Political and Economic factors.
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Silva
10 months ago
I agree with the Economic heading, but I also think it could fall under Legal.
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Stephen
10 months ago
I think taxation would most comfortably sit under Economic and Political headings.
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Lina
11 months ago
I think taxation could also be considered under social or socio-cultural factors, as it affects different segments of society differently.
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Sherell
11 months ago
That's a good point, Mitsue. Taxation could also be impacted by legal regulations.
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Mitsue
12 months ago
I see your point, but wouldn't taxation also be influenced by legal factors?
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Lourdes
12 months ago
I agree with Sherell. Taxation is definitely influenced by the economic conditions and political decisions.
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Sherell
12 months ago
I think taxation would most comfortably sit under the economic and political headings.
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