Siemens

SIEMENS second is a German multinational foregather friendship headquartered in Munich, Germ each. It is the largest Europe-based electronics and electrical engineering follow. reciprocal ohm is an incorpo outrank engine room guild with activities in the fields of industry, susceptibility and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, entropy IT Solutions and operate and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ most 420,800 people crosswise nearly 190 countries and reported globose revenue of 76.651 zillion euros for the year of 2009. Siemens AG is listed on the Frankfurt declination change, and has been listed on the New York Stock Exchange since March 12, 2001. Siemens AG PESTLE Analysis governmental 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 depicte d object to German and European corporate law. In the U.K Siemens moldiness 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 sale of Goods Act and the Consumer Protection Acts that enable the consumer to have certain(p) rights if they are supplied with bad or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies engaged by governments within a subject of countries, furthermore when products are being sold internationally thither 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 handicraft volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current troth in Iraq has caused...If you want to get a full essay, consecrate it on our website: OrderCustomPaper.com

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