customers fall into any logical groups based on needs‚ motivations‚ or characteristics? Please make clear what your answers are based on and state used sources. In the past Nokia customers are consist of high-end‚ mid-end‚ and lower-end customers. But when the market was penetrated by IOS from Apple and Android from Google slowly Nokia is losing their market share. Now their biggest customers are rural China‚ Nigeria‚ Kenya and even Norway‚ Poland and New Zealand have boosted Nokia’s market share recently
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Case Study-Nokia Group 4.02: Elsard Haanstra S2177315 Lan Huang S2536447 Daniël Koster S2198835 Weixiang Wang S2509652 Joyce van Zenderen S2195445 Contents: 1. Problem Statement The problems Nokia faces are increasing price pressure‚ intense competition and slower growth. Meanwhile‚ changing environment and customer needs are problems Nokia are encountering. How can Nokia maintain its market share on 37.8% in a maturing industry in the next three years? 2. Customer
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SWOT analysis for Nokia Introduction Nokia Corporation is one of the world’s largest telecommunications equipment manufacturers. It has since established a leading brand presence in many local markets‚ and business has expanded considerably in all areas to support customer needs and the growth of the telecommunications industry. Nokia also produces mobile phone infrastructure and other telecommunications equipment for applications such as traditional voice telephony‚ ISDN‚ broadband access‚ professional
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PEST Analysis of Nokia PEST analysis identifies the political‚ economic‚ social‚ technological‚ environmental‚ and legal factors that of which directly affect a company. Political Factors Political/Legal environment are usually considered as one because they are enforced by the nation’s government. It is vital for Nokia’s operation because different nations with their respective government have different Political/Legal platforms respectively; Nokia operating on global level must abide to
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STATEMENT…………………………………………….2 EXTERNAL ANALYSIS……………………………………………………………….2 PORTERS FIVE FORCES (SEE APPENDIX 1)…………………………………………… 2 INDUSTRY STRUCTURE‚ ECONOMICS AND TRENDS…………………………………. 3 COMPETITOR ANALYSIS…………………………………………………….4 KEY SUCCESS FACTORS………………………………………………………………4 INTERNAL ANALYSIS…………………………………………………………………….5 COMPANY’S STRATEGY……………………………………………………………..5 FINANCIAL ANALYSIS…………………………………………………………………..6 OPERATIONS ANALYSIS (SEE TABLE IN APPENDIX 3)………………………………….. 6 MARKETING AND COMPETITIVE POSITION……………………………………………
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INDIVIDUAL ASSIGNMENT - NOKIA a. Describe the industry-level strategies adopted by Nokia. More specifically: i. Which positioning strategy does the company follow? Nokia has not been acting well. Its strategy is not well organized; it’s more like an “old-fashioned” strategy. That’s because they centralized in making esthetical mobile phones‚ but the problem was that the technology was not well at all. Another error is that Nokia has been making a lot of different mobile phones in a short period
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A PROJECT REPORT ON MARKET ANALYSIS OF NOKIA MOBILE IN ROHTAK Submitted for the partial fulfillment for module of Business Research Methodology Submitted To Submitted By Dr.Ashutosh Nigam Manoj Astt. Professor MBA 2.2 V.C.E. Rohtak Roll No: 23 Department of Management Studies Vaish College of Engineering‚ Rohtak DECLARATION
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1. What Nokia should do next http://web.ebscohost.com/ehost/detail?vid=2&sid=a1606512-2fe5-4502-b82f-c6387f85f619%40sessionmgr10&hid=21&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=a9h&AN=90188081 In the end‚ I decommissioned my £10 Nokia 1100 out of vanity three years ago. It had survived countless mishaps‚ including one memorable death-defying dive into a cup of hot tea. Unlike my iPhone‚ its battery could trundle along for at least a week and no app could be more useful than its built-in torch
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Political The Political factors relates to the factors which the government also affects such as government instability or rules and regulations which the business must follow. Nokia have recently moved one of its manufacturing facilities to India‚ and because of this it is important that Nokia follow the rules and regulations that are set in India‚ so that they can operate as efficiently as possible. The types of things they will have to be aware of is the minimum wage‚ the maximum hours a week
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Internationalization drivers of Nokia Here presented are the main factors causing Nokia to internationalize after its own market was saturated. Push factors: - A penetration level of 70% in the existing saturating markets motivated Nokia to expand business elsewhere. - The 1990 Crisis in Finland made the real GDP and exports drop‚ unemployment rose. - Exports to former crucial areas (Soviet Union) dissolved due to the fall of the berlin wall‚ causing German reunification and independence
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