............................................... 2 Introduction ........................................................................................................................................................................ 3 The pains of Nokia............................................................................................................................................................ 4 Elop’s decision and underlying thinking .................................................
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1 NOKIA Marketing Problem According the analysis‚ Apple iPhone ‚Samsung Galaxy ‚and HTC are the most popular phone which will choose by the consumer nowadays. Nokia ‚ the world’s largest vendor of mobile phones from 1998 to 2012 has suffered a declining market share as a result of the growing use of smart phones from other vendors such as Apple iPhone and Andriod Phone. In fact‚ Nokia’s share price has fallen from a high of US$40 in late 2007 to under US$2 in mid-2012.The all information are represented
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Nokia outlines new strategy‚ introduces new leadership‚ operational structure London‚ UK – Nokia today outlined its new strategic direction‚ including changes in leadership and operational structure to accelerate the company’s speed of execution in a dynamic competitive environment. Major elements of the new strategy include: - Plans for a broad strategic partnership with Microsoft to build a new global mobile ecosystem; Windows Phone would serve as Nokia’s primary smartphone platform. - A
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MODULE 1 Subject Matter: THE COMPUTER AS AN ORGANIZATIONAL INFORMATION SYSTEM Introduction: This module traces the evolution of the computer as it has been applied to an expanding scope of business with IT applications. The first application involved the handling of accounting transactions and was called data processing. Then‚ managers and computer scientists recognized that for greater potential existed in the form of information
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entrants: Since nokia was a profitable market. It becomes bait and other companies would like to join. Unless the new entry firms can be blocked‚ the revenue or profit will reduce. However in other to be able to compete with established firms‚ new entrants will need to invest highly in technology and marketing. Hence the threat of new entrants is very low. Power of suppliers: Nokia has a number of suppliers who provide them with equipment’s. Hence nokia could switch to any of them. Nokia is a global
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Professional Qualification (Please specify)______ Post graduate()_ Graduate_()__ Q1. Do you have your own mobile phone? a) Yes b) No Q2. How many mobile phones do you have? a) 1 b) 2 or more Q3. What brand is it? a) Nokia b) Blackberry c) Iphone d) Samsung Q4. You often use mobile to? a) Call b) Sms c) Wap (mobile internet) d) MMS Q5. What type of phone would you like to have? a) Flap phone b) Slide phone c) Tough phone
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category of new product is it? Nokia‚ the world’s largest mobile phone maker. It is the world leader in mobile communications‚ driving the growth of the big mobility industry. Nokia is dedicated to increasing people’s lives and productivity by providing easy-to-use and secure products like mobile phones‚ and solutions for imaging‚ games‚ media‚ mobile network operators and businesses. Mobile Phones products in NOKIA Company are the most famous in the world. NOKIA 7200‚ it is the new type of mobile
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Nokia‚ Oyj Table of Contents Introduction 1 Internal Analysis 2 External Analysis 5 Solutions to Strategic Challenge 6 Recommendation 9 Introduction A. Company Summary: Nokia Corporation (“Nokia”) has been the undisputed leader in the mobile phone space for as long as the market has been in existence. Under the previous generation of mobile phones‚ Nokia grew in scale and expanded its distribution channels and manufacturing flexibility to secure its place as the world’s largest
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Mobile Phone for the Urban Rich Case Study Introduction Finland-headquartered Nokia was a global telecommunications equipment manufacturer that also operated a luxury mobile phone brand called Vertu. Vertu was founded by Frank Nuovo by using precious materials‚ fine jewels and exotic leathers (Kwong & Wong‚ 2011). Vertu was unique‚ luxurious and one of a kind‚ for a moment in time. Synopsis of the Situation Nokia has been one of if not the leader in the telecommunication equipment industry for
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Marketing Mobile TV in India A Case study Introduction – Executive Summary India represents a unique opportunity in direct mobility due to its huge potential customer base and the relatively moderate penetration rate of services across this customer base. Paradoxically‚ the market is fragmented and price wars on voice services have reduced the margins on voice services to a minimum. In this context‚ with the upcoming advent of 3G‚ the possibility of generating more revenue than ever before from
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