The paper "International Business Environment: Global and Local Marketplaces in a Changing World" is a perfect example of an assignment on business. It is working with United Kingdom’ s National Health Services (NHS). NHS is considered one of the largest organizations in Europe. Siemens is working jointly with the trust of NHS hospital in order to improve the facilities of health care centers. Along with this, Siemens is also working with many other partners in order to develop new hospitals so as to reduce varied types of disorders and enhance the health of the citizens of the United Kingdom as compared to other neighboring nations.
Other than this, Siemens is working co-ordinately with Barnet and Chase NHS Trust in order to develop a Private Finance Initiative (PFI). The main work of PFI is to offer varied types of medical facilities such as accident & emergency units, communications, intensive therapy units, medical equipment, and several operating theatres so as to save the citizens of the United Kingdom from various disorders. In addition to this, Siemens is also trying to implement the processes of energy management systems and hospital IT in order to maintain the records of the patients in an effective way.
Due to the development of these above-mentioned services and facilities, Siemens became successful in saving the lives of the citizens of the United Kingdom from numerous critical problems. Answer 1.2 There are different objectives of different stakeholders that an organization had to meet in order to enhance its competitiveness and sustainability in the market. Owners: owners are considered as the most essential stakeholder as they are entirely responsible for establishing the business.
The owners devote maximum extent of time in order to amplify the profit margin and brand image of the organization in the market among many other rival players. Customers: customers are considered another important stakeholder of an organization. In order to amplify the reputation of the organization, the customers need to be offered the best services at the best cost so as to retain them.
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