second is a German multinational conglomerate friendship headquartered in Munich, Germany.
It is the largest Europe-based electronics and electrical engineering company.
reciprocal ohm is an integrated engine room company with activities in the fields of industry, energy and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, Siemens IT Solutions and Services and Siemens fiscal Services (SFS).
Siemens and its subsidiaries employ approximately 420,800 people crosswise nearly 190 countries and reported global revenue of 76.651 zillion euros for the year of 2009. Siemens AG is listed on the Frankfurt declination Exchange, 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 within which they are operating. With the head office in Germany they are subject to German and European corporate law. In the U.K Siemens must 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 faulty or damaged goods.
As a multinational company Siemens ordain be subject to the fiscal policies employed by governments within a subject of countries, furthermore when products are being sold internationally thither will also 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 business volume is
conducted in the US and has exports from Europe. (SWOT entropy monitor).
The current conflict in Iraq has caused...If you want to get a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment