This essay assess the external business environment of VODAFONE UK using the several headings of the PEST research; political, financial, social and technological it will provide details gathered via several researched sources in relation to the several topics and definitely will then carry on to draw a realization based on evidence provided.
Authorized in Newbury Berkshire Vodafone UK is a British delivered multinational telecoms company witch is based in London and is also part of the Vodafone group and behind CINA mobile it's the world's second-largest mobile telecommunications company even so nationally it includes 19. 2 million members which is third largest in britain behind EE and o2.
It had been alleged by the magazine non-public eye in September 2010 that it acquired ran a study and found Vodafone UK was involved in taxes avoidance activities and that the company was positioning its earnings in a The duchy of luxembourg subsidiary. This lead to furious protests outside Vodafone flagship store in Oxford Street as well as a volume of other stores across the UK from August 2010 right up past Apr 2011. This eventually paid ВЈ1. twenty-five billion in taxes pursuing the legal struggle with HMRC. In recent months the UK federal government has increased the pressure upon large businesses and multinational companies simply by aiming to tighten the weaknesses which presently exist for tax avoidance schemes. In the media current weeks different well known name brand businesses such as likes of Starbucks and Google have been completely alleged to have been involved in tax avoidance actions.
Mobile phone service providers including Vodafone are actually facing monetary issues in relation to the elevated cost for buying mobile phone permits. Back in 2000 Vodafone as well as its competitors took part within an auction which involved advertising the 3-G licence this kind of auction were able to raise ВЈ22. 5 Billion dollars pounds intended for the UK govt. Currently being talked about to take place about the end of 2012...
Bibliography: * The Telegraph third December 2012
* The times 100 web page
* Vodafone. co. uk