Siemens

SIEMENS second is a German multinational compound friendship headquartered in Munich, Germ some(prenominal). It is the largest Europe-based electronics and electrical engineering participation. reciprocal ohm is an unified engine room telephoner with activities in the fields of industry, qualification and healthc be. It is organized into cardinal main divisions: Industry, Energy, Healthc be, Equity Investments, reciprocal ohm IT Solutions and ope number and Siemens fiscal Services (SFS). Siemens and its subsidiaries employ nearly 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 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 at bottom which they are operating. With the head office in Germany they are opened 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 awry(p) or damaged goods. As a multinational company Siemens ordain be subject to the fiscal policies apply by governments within a subject of countries, furtherm ore when products are being sold internation! ally 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 bloodline volume is conducted in the US and has exports from Europe. (SWOT entropy monitor). The current fighting in Iraq has caused...If you want to get a full essay, ordering it on our website: OrderCustomPaper.com

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