L3M4 Exam Dumps | Thinking about the STEP / PESTEL / STEEPLE model, into which two categories would taxation most suitably

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Question 7/74

Thinking about the STEP / PESTEL / STEEPLE model, into which two categories would taxation most suitably fall?

A. Socio-cultural

B. Political

C. Technological

D. Economic

Correct Answer: B,D

This should be a straightforward question.Taxation is determined by politicians and can affect the economy significantly.
PEST, which appears in your syllabus, can be expanded into PESTEL or STEEPLE. They are all appropriate.
Legal, environmental and ethical have been added by some writers to expand the original PEST model.

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