Introduction to Management15 September 2017Mahirah Binte Abdul MahidCT0288357Word Count: 2322PT DipBL8Diploma in Business & LawAbdul RaoofIntroductionSchneider Electric Singapore Pte Ltd is a French multinational corporation & they are a global specialist in management of energy & providing solutions for the automation industry (Company Profile, n.d.). They have been operating in Singapore for the past 4 decades & currently has 1500 employees (Hui, 2015).According to Company Profile (n.d.), “Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. The Group invests in R&D in order to sustain innovation and differentiation, with a strong commitment to sustainable development” (para. 2).Schneider Electric (SE), being a global leader, provides a wide range of engineering hardware & solutions such as Programmable Logic Controllers (PLCs), Variable Speed Drives, Solar Panels & Light Switches for residential usage (All Products, n.d.).SE’s modus operandi or mode of operation includes selling the hardware & solutions to system integrators (SI), local, regional & international distributors or directly bidding for huge government tender projects such as Changi Airport Terminal 4 & Marina Barrage.According to Hui (2015), over the next couple of years, Singapore will see an investment of S$102 million by SE to reinforce & expand their presence here. This includes establishing a software industry solutions centre & a software regional hub. PESTEL AnalysisPESTEL is a management framework used in strategic management to analyse the external factors affecting businesses. Businesses are not able to control these factors & they typically influence certain decisions made by the organisations. Political/LegalThe political & legal aspect of this framework refers to the overall stability of the political situation of a country & the extent of government intervention that can potentially affect organisations & businesses. It also involves the country’s legal system & how the said laws affect the business. Singapore gained independence on 9 August 1965 & her political arena has been dominated by the People’s Action Party (PAP) ever since (Introduction to …System, 2017). According to Introduction to …System (2017), “Singapore, under the leadership of the PAP, possesses a distinct political culture: authoritarian, pragmatic, rational and legalistic. Singapore’s power structure is highly centralized, characterized by a top-down style. It features appointment rather than election to most offices. Economic growth and political stability were maintained by the paternal guidance of the PAP. Thus, Singapore is not administered by politicians, but by bureaucrats, in a meritocracy where power is gained through skill, performance, and loyalty to the nation and its policies” (para. 3).