a closure view on an international well-known organization-Nokia Corporation on highlighting the basic purpose of management including ensuring the organization’s goals are achieved in an efficient and effective manner and perform the following tasks:- A.) PEST Framework. B.) Departmentalized by geographic location. C.) Social Responsibility. 2.0 NOKIA CORPORATION 2.1 Company Background The roots of Nokia go back to the year 1865 with the establishment of a forestry
Premium Mobile phone
especially in this market. Nokia has created an established brand name for them internationally and this makes it hard for new entrants to compete. 5. Big firms may retaliate and try to prevent companies from entering the market by giving out special deals or lowering price to the point where it is not viable for new entrants to compete. 6. Patents also limit innovation and this will potentially deter new entrants. 7. Due to the size of the big firms such as Nokia‚ they will have an advantage
Premium Mobile phone Smartphone Bluetooth
Economic Impact on the London 2012 Olympic Games 2011 Economic Impact on the London 2012 Olympic Games 2011 Table of Contents 1. Executive Summary…………………………………………………3 2. Introduction …………………………………………………………4 3. Analyze the economic environment of London 2012 Olympic Games-PESTLE Analyze………………………………..5 4.1 Political Factors………………………………………………...5 4.2 Economic Factors………………………………………………6 4.3 Social Factors…………………………………………………
Premium Olympic Games Summer Olympic Games 2012 Summer Olympics
Marketing Economic Analysis Rajat Sahai has just become the product manager for brand X. Brand X is a consumer product with a retail price of Rs. 10. Retail margins on the product are 33 percent‚ while wholesalers take a 12 percent margin. A total of 20 million units of ’brand X and its direct competitors are sold annually; brand X has 24 percent of this market. Variable manufacturing costs for brand X amount to Rs. 0.90 per unit. Fixed manufacturing costs amount to Rs. 9‚000;000; The advertising
Premium Marketing
Question 1 Introduction Effects of Globalization The battles for talent‚ recession‚ inadequate succession planning‚ brain-drain are all the effects‚ of a shrinking global economy and globalization‚ which present both threats and opportunities to companies. With companies striving to obtain a competitive advantage in the global market place‚ the shortage of appropriate skill-sets by individuals to meet unique requirements‚ is becoming more problematic. Holbeche (2009:3) states: “Talent and
Premium Human resource management Management Knowledge
Change for good With over 1.3 billion customers using Nokia devices‚ we’re in a unique position to effect positive environmental and social change around the world. For us‚ sustainability isn’t merely an exercise in damage limitation – it’s an opportunity to make a real difference‚ both to people and to our planet. Caring for the environment Climate change‚ energy and resource use are some of the biggest challenges facing the world today. From natural disasters to food security to rising sea levels
Premium Sustainability Business ethics Corporate social responsibility
Nokia as a company Overall Nokia has detailed many personality characteristics for its brand. The main focus of Nokia is relationship marketing; the company personality is like a trusted friend. Building friendship and trust is the main objective of the Nokia brand. When Nokia positions its brand in the crowded mobile phone marketplace‚ its message is to “bring people together”. This gives consumers a sense of trust and consideration by the company‚ as though to say that Nokia understand what
Free Mobile phone Marketing
NOKIA COMPANY BACKGROUND Company Information Nokia Corporation (Nokia) is player in mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music‚ navigation‚ video‚ television‚ imaging‚ games‚ business mobility and more. Nokia also provides equipment‚ solutions and services for communications networks through Nokia Siemens Networks. From January 1‚ 2004 through March 31‚ 2007‚ Nokia had four business groups: Mobile Phones‚ Multimedia
Premium Nokia
Introduction: Nokia is a world leader in mobile phone industry‚ but its market share has recently been diminished by tough competition in the smart phone market. It targeted rural markets with mobile phones that are affordable and‚ the mobile phones were not only for the communication but also for varied purposes like torch light‚ radio etc. Farmers use it during nights as a torch light. Nokia was able to fully penetrate and conquer the still untapped rural mobile phone market. Nokia plans to conquer
Free Mobile phone Nokia GSM
projections as a difficult economic climate in the United States and Europe resulted in slower spending on technology by global corporations in 2012. This factor is affected the all IT companies. The Wipro InfoTech is also progressing in similar manner. The share value of Wipro InfoTech is remained in same range across year. US Approach to IT Outsourcing India has around 59% market share in Outsourcing of services. Most of the clients are from US. But in adverse economic conditions US is trying to
Premium United States dollar Currency Business process outsourcing