Nokia Full Ratio Analysis from 2006-2010
I will begin my assignment by saying that my topic would be FINANCIAL ANALYSIS OF Nokia .First I will begin by writing the introduction part
EXECUTIVE SUMMARY
For this assignment, I chose the company NOKIA. Now Nokia is a mobile telecommunications company, which offers far more than just mobile phones for day to day use. Nokia offers networking solutions for businesses that help businesses stay connected and communicate with each other at all times and places. Nokia also offers special mobile phones with exquisite and unique functions and options. In this project, first I will talk about what Nokia is and what they do. I will also mention their history, from where they started to where they are today. Vision, goals, and their strategy will also be stated by me, I will also mention about their wide range of products and services offered for the regular consumer, businesses, and service providers. Nokia’s success benefits are some advantages they have in the market. These include the advance technology and features, as well as services they offer to their consumers. However, like any other company, Nokia too has weaknesses, but these are minimal, and almost only come down to their competition. Lastly, I will talk about their informational business model. This model includes Nokia’s work organization, control system, industrial relations, human resources, business strategy, and finally, enterprise organization. We will look closely at and discuss all of these elements, and why we think that they are relevant to Nokia.
Nokia has recently undergone a major organizational restructure. As a result of this restructuring, Nokia has revised its goal, mission and strategy into clear and specific objectives. Nokia’s official website states, “Our goal is to be a good corporate citizen wherever we operate, as a responsible and contributing member of society. Long-term projects undertaken by Nokia are aimed at helping young people create their own
EXECUTIVE SUMMARY
For this assignment, I chose the company NOKIA. Now Nokia is a mobile telecommunications company, which offers far more than just mobile phones for day to day use. Nokia offers networking solutions for businesses that help businesses stay connected and communicate with each other at all times and places. Nokia also offers special mobile phones with exquisite and unique functions and options. In this project, first I will talk about what Nokia is and what they do. I will also mention their history, from where they started to where they are today. Vision, goals, and their strategy will also be stated by me, I will also mention about their wide range of products and services offered for the regular consumer, businesses, and service providers. Nokia’s success benefits are some advantages they have in the market. These include the advance technology and features, as well as services they offer to their consumers. However, like any other company, Nokia too has weaknesses, but these are minimal, and almost only come down to their competition. Lastly, I will talk about their informational business model. This model includes Nokia’s work organization, control system, industrial relations, human resources, business strategy, and finally, enterprise organization. We will look closely at and discuss all of these elements, and why we think that they are relevant to Nokia.
Nokia has recently undergone a major organizational restructure. As a result of this restructuring, Nokia has revised its goal, mission and strategy into clear and specific objectives. Nokia’s official website states, “Our goal is to be a good corporate citizen wherever we operate, as a responsible and contributing member of society. Long-term projects undertaken by Nokia are aimed at helping young people create their own