Ansoff Matrix for Nokia Market penetration Product development Market development Diversification Current markets New markets Figure: The Ansoff matrix Market penetration The aim of market penetration is to sell existing products to an existing market‚ to do this Nokia must do a few things: ■ Change the pricing scheme (for example‚ penetration or competitor based) ■ Introduce discounting ■ Start up a different advertising campaign or consider changing
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Nokia Case Problem statement Until recently‚ the mobile phone industry’s sole profitable market was the developed one. Today‚ low end‚ emerging markets are growing rapidly and are proving to be profitable; the emerging market accounts for 60% of Nokia’s revenues alone. Determining which market to target affects both the production of phones as well as the services that need to be developed. Nokia is now faced with two options: should they continue operating in both the developed and emerging
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INTRODUCTION Microsoft is to acquire Nokia ’s mobile phone arm in a swansong deal for the software giant ’s long-serving chief executive‚ Steve Ballmer‚ delivering Europe ’s last big handset maker into American ownership. For €5.44bn (£4.6bn)‚ Nokia is casting off the business that once represented Finland ’s most important export‚ in a deal that will result in 32‚000 staff transferring to Microsoft. Overtaken in the smartphone arena by Apple and Samsung‚ Nokia ’s board agreed to end the company
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Operational Feasibility The proposed Monitoring and records management system enables the company to control and recognize the status of their employee. Also it determines accurately the Nicotine‚ tar and carbon monoxide of a single cigarette stick if they pass the standard settings and evaluation. The proposed Monitoring and records management System can give a better quality and a proven reliability whenever the company checks their employee and the standard settings of components in the cigarette
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Project background‚ the company and its product Nokia‚ a Finnish icon was the world’s leading mobile phone maker. Established in 1865‚ its principal products are mobile phones and portable IT devices. It also offers internet services such as games‚ music‚ media and applications through its Ovi platform. Ever since the revolution of Apple entering the phone market accompanied with the fast changing trend of smartphones‚ Nokia has since lagged behind. Nokia wish to examine and understand their target market
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P ag e |1 NOKIA STUCK IN THE MIDDLE Two Sides of the Phone Introduction: WHATS GOING FOR NOKIA INDIA PAUL BALAJI‚ Managing Director of Nokia India‚works late into the night and is often up at 3 am.Work gets to the point of addiction‚ he says.You start thinking about it in your sleep as well‚to suddenly wake up and plan the next day or check response to mails sent around midnight. Giving him the jitters are not just market reports in his inbox of a general slowdown‚but even crying
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Nokia SWOT Analysis Strengths Strong brand image is Nokia’s core asset. The company continues to strengthen its brand equity through various marketing campaigns. Nokia’s brand was the fifth most valued brand in the world according to the top 100 best brands list compiled by InterBrand in 2009‚ and was the only mobile phone manufacturer in the top 10 best brands list. A strong and highly visible brand enables the company to command a premium for its products and differentiate itself from competitors
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Assistant Manager: Assistant Manager must know how to make decisions and to be responsible whenever the manager is not around. Accountant: He/she must prepare‚ examine and analyze accounting records‚ financial statements and financial reports to assess accuracy. He/she must be an accountancy graduate.
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committee’s final report to the GB should include an appropriate assessment of 2: * Financial feasibility * Cost effectiveness * Operating costs * Availability of trained technical staff and support services * Expert physicians * Life Span * Safety and efficacy * Impact on patients and community * Risks and legal liabilities * Potential social‚ ethical‚ political effects * How to monitor after purchase performance It is important that the report entails how
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electronics like Samsung‚ LG‚ Sony-Ericsson and Motorola‚ Nokia really rules the mobile phone market all over the world with nearly 40% of the market share with no close competitors. Nokia is certainly the king when it comes to brand value‚ service and experience. The Finnish mobile giant is clearly No. 1 choice in South East Asia including India and China. How they could reach the top position? Let’s find out. 1. Call Quality Nokia is known for its circuitry to handle the RF Reception and
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