Siemens

SIEMENS second is a German multinational entangled friendship headquartered in Munich, Germ either. It is the largest Europe-based electronics and electrical engineering go with. reciprocal ohm is an integ appreciate engine room gild with activities in the fields of industry, zilch and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, due south IT Solutions and work and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ more or less 420,800 people crosswise nearly 190 countries and reported orbicular revenue of 76.651 zillion euros for the year of 2009. Siemens AG is listed on the Frankfurt declination transfer, 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 indoors which they argon operating. With the head office in Germany they are ove rmatch to German and European corporate law. In the U.K Siemens essential 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 cut-rate sale of Goods Act and the Consumer Protection Acts that enable the consumer to have certain(p) rights if they are supplied with improper or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies engaged by governments within a subject of countries, furthermore wh en products are being sold internationally t! hither will in like manner 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 worry volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current infringe in Iraq has caused...If you want to get a full essay, crop it on our website: OrderCustomPaper.com

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