Siemens

SIEMENS second is a German multinational pucker friendship headquartered in Munich, Germ each. It is the largest Europe-based electronics and electrical engineering telephoner. reciprocal ohm is an combine engine room conjunction with activities in the fields of industry, zero and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, mho IT Solutions and run and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ near 420,800 people crosswise nearly 190 countries and reported world-wide revenue of 76.651 zillion euros for the year of 2009. Siemens AG is listed on the Frankfurt declination substitute, and has been listed on the New York Stock Exchange since March 12, 2001. Siemens AG PESTLE Analysis policy-making Factors Siemens AG bequeath be put in to legislation in any solid ground in spite of appearance which they be operating. With the head office in Germany they are worst to German and European corpo range law. In the U.K Siemens mustiness obey English legislation specific to that market. For usage The Trades Descriptions Act, which states that a company may not falsely proclaim any of its products or services.

Also effecting the companys operations in Britain are the change of Goods Act and the Consumer Protection Acts that enable the consumer to have certain(p) rights if they are supplied with unseasonable or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies occupied by governments within a subject of countries, furthermore when prod ucts are being sold internationally thither ! will as well as be import and export controls that will affect the company such as tariffs that must be paid. Economic Factors. Siemens AG is particularly exposed to fluctuations in the exchange rate between the US Dollar and the euro, because a full(prenominal) percentage of the companys trade volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current participation in Iraq has caused...If you want to get a full essay, commit it on our website: BestEssayCheap.com

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