Final Year Core Unit Corporate & Global Strategy Hemis Code: 5J3060 UNIT HANDBOOK 2011/2012 Tutors: Maria Allen Room 901d 0161 247 6527 m.allen@mmu.ac.uk Carole Forbes Room 901a 0161 247 3830 c.forbes@mmu.ac.uk Dr. Panagiotis Kokkalis Room 808a 0161 247 6641 p.kokkalis@mmu.ac.uk Rationale Strategic management has become an integral mechanism for firms operating in the global economy‚ which is characterised by its high level of integration and cross-national operation
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cutting edge that has turned Nokia into the No 1 vendor still exists‚ as Nokia’s market share and revenues have been on the decline. Falling average sales prices (ASPs) and market share have had an impact and forced Nokia to further re-think its strategy towards developed and emerging markets.”1 This report gives an overview on what is happening on the mobile phone market today and analyses Nokia’s market position in the mature European market. This report includes a brief introduction to Nokia followed
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Slide 3: NOKIA Nokia Corporation is a Finnish multinational communications corporation‚ headquartered in Keilaniemi‚ Espoo‚ a city neighboring Finland’s capital Helsinki. Nokia produces mobile phones for every major market segment and protocol‚ including GSM‚ CDMA‚ and W-CDMA (UMTS). Nokia has sites for research and development‚ manufacturing and sales in many continents throughout the world. Slide 4: Nokia Nseries On 27 April 2005‚ Nokia announced a new brand of multimedia devices at the press
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analysis 2013 Strenghts 1. World’s largest internet marketplace 2. Business model (no strong direct competition) 3. Economies of scale 4. Localization 5. Payment system 6. Brand reputation Weaknesses 1. High fees 2. No further growth strategy Opportunities 1. Growing number of mobile shoppers 2. Become a retailer 3. Increase services and product portfolio through acquisition 4. Open more online stores in other countries Threats 1. Online security : PayPal stores online shoppers’
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Subject Area- flipkart.com success story- E commerce and beyond Although India is second largest country in the world‚ it expected retail market is around US$ 450 billion which is way less than US$ 469.3 bn turnover clocked by largest retailer in world “Wal-Mart Inc.” If we take another comparison‚ for the calendar year 2012‚ Amazon.com‚ the largest retail online store in the world‚ posted a turnover of US$ 61.09 billion registering a growth of 27% over the previous year 2011. Now if compare this
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* Every organization is a system * It has a life just like a human being * Some have complex lives while others have simple lives * Some have very developed life paths while others take a lot of time to develop their life paths * A group of interacting‚ interrelated‚ and interdependent elements forming a complex whole * A configuration of parts connected and joined together by a web of relationships * The whole is different from‚ and greater than‚ the sum of its parts
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doing well from the business perspective as they are ruling the roost from the Unilever’s stable. Let us analyze the ticks and crosses‚ just to understand where they should do things in an innovative way or stick to the old formulas. * Their marketing campaign for a DOVE according to me was brilliant‚ because Beauty is something which should be accessible to everyone and especially to people who get a feeling that Beauty is defined by Tall and thin. * Dove is a product related to beauty and
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Chapter 7 Corporate Strategy 1. Corporate strategy is concerned with ’where’ a firm competes (in which industries it competes)‚ while business strategy is concerned with ‘how’ a firm competes in a specific industry. @Pages and References: Pages 308-310 *a. T b. F 2. Product scope‚ international scope‚ and vertical scope are part of corporate level strategy decisions. @Pages and References: Pages 308-310 *a. T b. F 3. "How profitable do we want to be?" is the starting-point of corporate strategy. @Pages
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A creative‚ tactical idea for Kohl’s is to have the store play different playlists or musical genre’s in each of the departments throughout the store to better reach our target audiences‚ so in the women’s‚ men’s‚ girls‚ boys‚ and kitchenware sections there will be a hand selected playlist playing for each that will not only draw the attention of our target audience‚ but draw them into that department to create a positive shopping experience. We will determine the songs to be played for each area
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to maximize business efficiency) to be value-driven (where the retailer offers good value to the customer and has prices appropriate for the level of products and customer service) and to be goal-oriented (the retailer sets goals and then uses its strategy to attain them). I have joined Pure Yoga for over a year and a half and it is one of my favourite retailers in Hong Kong. For the application of retailing concept‚ to be customer-oriented‚ Pure Yoga is trying to offer students the most-rewarding
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