L3M4 practice question 11 of 15
Thinking about the STEP / PESTEL / STEEPLE model, into which two categories would taxation most suitably fall?
Full set: 90 questionsCorrect Answer:
B. Political; D. Economic
Explanation
This should be a straightforward QUESTION NO :. 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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