CIPS Level 3 Practice Questions - CIPS Level 3 Advanced Certificate In Procurement And Supply Operations Exam

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A procurement manager uses PESTLE analysis to assess her organisation's external environment. Which of the following factors would be classified under the 'L' element?

Rising raw-material costs driven by commodity inflation A new government policy encouraging domestic sourcing Increased consumer demand for eco-friendly packaging Regulatory changes to minimum wage legislation

Correct Answer:

Regulatory changes to minimum wage legislation

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