FACULTY OF MANAGEMENT AND TOURISM PRINCIPLE OF MARKETING MARKETING PLAN NOKIA LUMIA Tutorial: Tut 1 BA Group members: TABLE OF CONTENT I. Executive Summary II. Current Marketing Situation 1. Market Situation 2. Product Situation 3. Competitive Situation 4. Distribution Situation 5. Macro-environment Situation III. SWOT Analysis 1. Strengths 2. Weaknesses 3. Opportunities 4. Threats IV. Objectives and Issues 1
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Sony was one of the leading electronic companies. Today‚ Forbes marked Sony as the 79th company on the “The World’s Most Valuable Brands” (“Forbes”‚ 2015) However‚ it has been challenging for Sony to stay on top of its game as there are many environmental factors that Sony managers must take into consideration. A significant consideration is the Sony stakeholders. Sony’s stakeholders consist of employees‚ consumers‚ suppliers‚ distributors‚ and competitors. All of which affect Sony’s decisions
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Chapter 1: Overview of Nokia Company 1.1 History of Nokia Nokia started as a wood-pulp mill in southern Finland and started to manufacture paper in 1865 by engineer Fredick Idestam. Since the demand for paper and cardboard was high and there was European industrialization‚ Nokia become successful. In 1895‚ Nokia is passed to Gustaf Fogelholm. In 1920s‚ the Rubber Works started to use Nokia as their brand name. Nokia produced footwear‚ tyres‚ rubber bands‚ industrial as well as raincoats. After
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DECLINING NOKIA MARKET ” CONTENTS 1. Introduction 1.1 Literature Review 1.2 Objective Of The Study 2. Research Methodology 2.1 The Study 2.2 Sample 2.3 Tools For Data Collection 2.4 Tools For Data Analysis 2. References 3. Questionnaire Introduction Nokia has come a long way to evolve from a paper mill founded in 1865 to a world renowned mobile phone manufacturer and one of the most powerful brands in the world. In 1992 Nokia appointed
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Environmental The environment provides life supporting resources and eco systems‚ quality of life conditions and amenities that are valued by people. Society consumes products and services provided by environmental resources and generates wastes that are disposed of in the environment. The values of individuals and groups within society drive decisions that determine the quality of the environment they live in and depend on. On the field trip Noel introduced us to the no dig system‚ which is
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Environmental Analysis of Virgin Galactic [pic] [pic] [pic] Outline Introduction……………………………………………………………………………………………………………………………….5 The marketing mix (7Ps)…………………………………………………………………………………………………………….5 PEST Analysis……………………………………………………………………………………………………………………………..7 SWOT Analysis…………………………………………………………………………………………………………………………..9 Porter`s 5 Forces……………………………………………………………………………………………………………………..10 References‚ Bibliography………………………………………………………………………………………………………….12 Introduction
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PART 3 – Environmental sustainability I- Ferrero with the Nature The company really wants to improve its industrial processes to be more respectful for the environment. In this way‚ Ferrero made these actions: 1- Reduction of the rational consumption and use of energy To reduce the energy consumption‚ Ferrero implement several projects. On the first hand‚ all the electrical motors are with a high performance (they are replacing every motors progressively). In a second hand‚ they install “inverters”
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Nokia has been one of the brands that are in the last 20 years been synonymous with high-quality phones. Till 2007‚ Nokia had a market share of 80% in the smartphone market‚ and the most important reason for losing ground during the digital age‚ actually smartphone age was due to the weak position of Nokia in the technological system or ecosystem. “Nokia failed in connection to people!!” One of the reasons for Nokia failure is on one side that Apple redefined smartphones with touch screen and
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Environmental scanning is the act of collecting external marketing information. This information is then interpreted to find potential trends‚ and identify future market opportunities or threats. The types of environments analyzed are competitive‚ political-legal‚ economic‚ technological‚ social‚ and demographic. I have chosen to focus on the company L.L. Bean‚ and the social and competitive environments. I have chosen this company because I am a very big fan of their products‚ and I chose these
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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
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