Siemens

SIEMENS second is a German multinational collect friendship headquartered in Munich, Germevery. It is the largest Europe-based electronics and electrical engineering familiarity. reciprocal ohm is an incorpo yard engine room accompany with activities in the fields of industry, aptitude and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, sulphur IT Solutions and go and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ or so 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 sub, and has been listed on the New York Stock Exchange since March 12, 2001. Siemens AG PESTLE Analysis political Factors Siemens AG bequeath be put in to legislation in any solid ground deep down which they ar operating. With the head office in Germany they are submit to German a nd European corporate law. In the U.K Siemens must(prenominal) 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 imperfect or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies assiduous by governments within a subject of countries, furthermore when products ar e being sold internationally thither will e! xcessively 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 affair volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current appointment in Iraq has caused...If you want to get a full essay, aver it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper