NOKIA Strategic Review NOKIA • • • • • • • • • • • • Current Situation Vision Mission Corporate Organization & Governance Objectives Driving Forces SWOT Strategic Issues Alternatives Recommendations Implementation Key Learning’s from the Case Study Nokia Overview • Multi-national telecommunications and software company • Founded in 1865 and incorporated in 1871 • Headquartered in Espoo‚ Finland • Publicly Traded LLC on Helsinki and NYSE (SYM:NOK) • Revenue of $16.8B‚ Market Cap $28B‚ P/E 8.4
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SECONDARY/ LEARNT/ PSYCHOLOGICAL MOTIVES ·Besides the basic biological needs‚ the expression of psychological needs is also of great significance:through society and culture in which one lives. · Non-satisfaction of these motives may lead to mental illness. Main psychological needs are: i. Achievement ii. Curiosity iii. Need for appraisaliv iv. Need for affiliationv v. Need for powervi vi. Work as motive 1.Achievement · Self- actualization or attaining excellence in relevant
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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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Essay Questions: Lecture 1: 1. Discuss the purpose of the primary and secondary markets‚ and how each functions. Explain how the secondary market supports the function of the primary market‚ and how financial market turmoil (e.g. 2008-09) impedes this. 2. Discuss the differences between the Money and Capital Markets‚ and the types of securities trade in those markets. Give examples. 3. Discuss what market whether you would go to the Money or Capital Markets to raise funds for construction
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Market Research and Marketing Research Market Research is the process of gathering‚ processing and analyzing information on markets. The scope of such research is limited to the study of markets and does not include studies on the brand or product to be marketed. Market research is a subset of marketing research. Marketing Research is the process of gathering‚ processing and analyzing information for the purpose of marketing a product. It includes‚ but is not limited to market research. Marketing
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overwhelming domination of the mobile handset market‚ Nokia Corp. is entering unknown territory as its core product segment matures‚ leaving it to reorganize and transform operations in the midst of a sweeping recession. Although the company remains a strong competitor in all of its business segments—including the wireless infrastructure market‚ where it has a joint venture with Siemens AG—the reorganization plans announced in recent months indicate Nokia is feeling the heat from the global economic meltdown
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Indian IT: Reduced Growth According to Business Today‚ The Indian information technology (IT) industry’s growth has halved in 2012/13‚ going by the latest numbers from industry lobby Nasscom. IT-BPO (business process outsourcing) exports and domestic market revenues are expected to total $108 billion this year‚ inching just 7 per cent over the previous year. In contrast‚ the industry grew 15 per cent in 2011/12‚ albeit from a lower base. IT exports for 2012/13 are likely to come a touch below body
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Bar noun [C] (DRINKING PLACE) definition › a place‚ sometimes within a restaurant‚ where alcoholic drinks are served‚ or a long‚ high table in such a place along which people stand or sit while drinking: A Bar is a place where alcoholic beverages are served in the premises like beer‚ whisky‚ vodka‚ rum‚ cocktails‚ mock tails etc. A bar is also called as a pub. A pub is a short form for public house. In olden days a pub which offered lodging was called as inn. The seating arrangements in bars
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Part 1 1. Five ways vishal could use to assess stewart skills are: Task specific skills: learning how to carry out a task: example: writing a report‚ taking stock of inventory. Process skills: understanding and applying organisational process: example: processing invoices‚ completing a new leave form. Interpersonal skills: improving interpersonal relationship: example: communicating between team members‚ developing strategies to deal with conflict. Team skills: improving the way the team works:
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Marketing Research Chapter One Notes Marketing Research: what is it? Marketing Research: Function that links an organization to it market through gathering of information -Critical part of marketing intelligence that obtains information on consumer needs -It facilitates the identification and definition of market driven opportunities and problems‚ the development -Enables the monitoring of marketing performance and improved understanding of marketing as a business process -Organizations
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