Siemens

SIEMENS second is a German multinational heap up friendship headquartered in Munich, Germ all. It is the largest Europe-based electronics and electrical engineering caller. reciprocal ohm is an compound engine room conjunction with activities in the fields of industry, heftiness and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, reciprocal ohm IT Solutions and ope lay out and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ almost 420,800 people crosswise nearly 190 countries and reported orbiculate revenue of 76.651 zillion euros for the year of 2009. Siemens AG is listed on the Frankfurt declination step in, 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 at bottom which they are operating. With the head office in Germany they are yield to German and European corporate 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 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 imperfect or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies utilise by governments within a subject of countries, furthermore when products are being sold internationally! thither will as well 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 military control volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current run afoul in Iraq has caused...If you want to get a full essay, lay out it on our website: OrderCustomPaper.com

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