PEST analysis of Siemens - 703 Words

Siemens AG PESTLE Analysis Political Factors Siemens AG will be subject to legislation in any country 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 example The Trades Descriptions Act, which states that a company may not falsely advertise any of its products or services. Also effecting the company s operations in Britain are the Sale of Goods Act and the Consumer Protection Acts that enable the consumer to have certain rights if they are supplied with faulty or damaged goods. As a multinational company Siemens will be subject to the fiscal policies employed by governments within a†¦show more content†¦These negative knock-on effects can be costly to Siemens sales turnover. Social factors In the modern society people are relying more and more on electrical goods for everyday use. Most people find that there are a number of electrical goods such as mobile phones that they say they could not live without in the modern world. There is a constant updating and changing customer demands for new and improved electrical gadgets. In 2003 regulators were investigating claimsShow MoreRelatedNoki A Finnish Multinational Communication And Information Technology Company Essay1489 Words   |  6 Pagesreturn to the mobile phone market through HMD global Nokia networks was known as Nokia Siemens Networks (NSN) and multimedia data networking and telecommunications the company headquartered in Espoo Finland. It was the fourth largest telecoms in the world at 2011. The NSN brand was launched at 3GSM world congress in February 2007 as a joint venture between Nokia. In 2013 Nokia brought back shares in Siemens Network for sum of US$2.12 billion then renamed to Nokia networks. The troubles affectingRead MorePest Analysis Croatia1645 Words   |  7 Pages         Pest Analysis Croatia                                                                                                 PEST-Analysis Croatia    Content Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦page 3 Political Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦page 4 Economic Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.page 4 Social-Cultural Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.page 6 Technological Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...page 7 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreNokia Case Analysis : Nokia1586 Words   |  7 PagesNokia Case Analysis 1. Introduction This paper will critically evaluate the business case about Nokia, to answer a urgent option that whether to maintain both emerging market and developed market or not. Firstly, there will be brief summary of the Nokia case, followed by analysis and evaluation of the competition Nokia faced between 1995 and 2010. After that, factors that contribute Nokia sustain its competitive position will be identified and critically analysed. Lastly, recommendations will beRead MoreAudis Marketing Strategy4220 Words   |  17 PagesTheory: Portal’s 5 force model, PEST analysis, SWOT analysis. Literature Review: This chapter explains the various types of marketing strategy models which are going to use in this research in order to accomplish the aims and objectives of research. This chapter is also explains about some other models which are helpful to researcher to create own strategic model. 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Korea ), Siemens ( Germany ), and Sony Ericsson ( Japan/Sweden ) as their hard rivals to share the market. I chose Nokia and Motorola to analyse as they alternate taking the top seat of the market. 2. HISTORY OF THE TWO ( Nokia and Motorola) 2.1 Motorola :Read MoreSwot Analysis Of Cree Inc.1863 Words   |  8 PagesCore Issue: This report provides an analysis of Cree Inc. Cree is North Carolina based company that engages in the manufacturing and marketing of LED lightbulbs all around the world. The company was a major player in the developing LED market, earning most of its revenue by selling chips and components to businesses. Chuck Swoboda, a former employee in Hewlett-Packard’s (HP) LED group, became CEO of Cree in June 2001 after 8 years with the company. By 2006, net income started to decline and thenRead MoreHealthymagination at GE Healthcare Systems Essays2400 Words   |  10 Pagesï » ¿ Case Analysis Healthymagination at GE Healthcare Systems Table of Contents 1. 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They are discussed below- Political and Legislative:Read MoreAnalysis on Business Strategies of Smart Phone Department of Huawei Technologies3472 Words   |  14 Pagesï » ¿Analysis on Business Strategies of Smart Phone Department of Huawei Technologies Introduction In 2012, Huawei Technologies built a new brand Ascend to enter high-end smart phone market. In this business analysis, we consider smart phone department a strategic business unit (SBU), do external environment investigation through PESTAL and Porter’s five forces models and analyze the internal strategic capabilities through VRIN model. After integrating all the resources, we determine the most