preview

Mercedes Benz Research

Better Essays

Mercedes-Benz Mercedes-Benz 1

Mercedes-Benz 2
Overview
Mercedes-Benz is a German automotive company that dates back to the early 1900’s. In 1901, Karl Benz started the Mercedes-Benz company. Though he had previously built his first automobile in 1886, The Mercedes-Benz brand was not established till 1901. In the first year of the company’s existence, Karl Benz released his first Mercedes. The European market did not gravitate to the idea, thus it had very little success. With limited success, Karl Benz decided to merge with Daimler to help develop a better automobile. In 1926, they released the …show more content…

The Political risk can be contributed to government interference in the business affairs of the foreign persons doing business in a particular country. Political risk can also surface as firm-specific risk. This form of risk targets a specific business or class. There can also be country-specific risk where the entire country or region is affected. Given that political risk will exist, if I were a political consultant for Mercedes-Benz, I would suggest relocating any business venture that was located in areas that are susceptible of being stagnated by political strife. As with any corporation, Mercedes-Benz has its share of stakeholders and it may not be an easy task to satisfy them all. Mercedes-Benz has its internal stakeholders that consist of owners, managers and workers. Then there are the external stakeholders. These would be the Mercedes-Benz 6 customers, suppliers and the communities Mercedes does business in. With a corporation as global as Mercedes-Benz, all pose different needs and requirements. Communication tends to be the bridge that binds or separates the stakeholders from the corporation. The corporation must find a means of communication and listening to each group or individual that expresses concerns and ideas. Mercedes-Benz follows a strict code of conduct. Compliance is expected to be at 100%. The leadership of Mercedes-Benz understands that conformity is a must

Get Access