Introduction Nokia is a firm company in mobile phone industry with long history. As a leader in mobile phone industry‚ Nokia have to face with changing of business world all the time (Nokia1‚ 2012). However‚ in globalized circumstances‚ Nokia is challenged by new technology‚ short life cycle product‚ and new competitors‚ who would like to replace leader position as Nokia used to be. Ali-Yrkkö et al. (2011) mentioned that Nokia is using supply chain management to co-operate
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First case: The Nokia case Strategic Management class Group H2 Team 7 Team members (5): (Family name ) (First name ) BALITEAU NATHAN LAHLOU ZAKARIA THOMAS HUESCA CHRISTELLE VANNIER LÉO ZHONG YANNI Q1 : The story of the Nokia company starts at the end of the 18th century near the town of Nokia‚ Finland when mining engineer Fredrik Idestam set his first wood pulp mill and since then the company has change participating in many sectors over the
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Specific Parameters | Conceptual Clarity and Application | Understanding of market structure of the business and their behavior towards the business strategy. | | | Analytical Thinking | Understanding the competitor’s behavior and the SWOT analysis of the company. | | | Assignment Grading Summary (To be filled by the Assessor) OVERALL ASSESSMENT GRADE: | | TUTOR’S COMMENTS ON ASSIGNMENT: | | SUGGESTED MAKE UP PLAN (Incase student is asked to re-do the assignment) | | REVISED
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SWOT & PESTLE Analysis SWOT and Pestle analysis is a strategic analysis tool that feeds important information into the business strategy formulation process. SWOT stands for Strengths‚ Weaknesses‚ Opportunities and Threats. SWOT is used to determine the current position of an organization. The first two components pertain to internal factors and the latter two concern external issues. Pestle (or PEST) is an acronym for Political‚ Economic‚ Social‚ Technical‚ Legal and Environmental analysis. Pestle
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Nokia Swot Analysis Nokia SWOT Analysis Nokia group is the world’s largest mobile phone manufactures. Strengths Strong brand image‚ Nokia’s core asset is its strong brand image.A strong and highly visible brand enables the company to command a premium for its products and distinguish from the competitors.Nokia’s brand is the fifth most valued brand in the word according to the top 100 best brands list compiled by interbrand in 2009. Significant market position‚ Nokia has been a hignly efficient
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PESTLE is a concept in the marketing principles. This concept is used as a tool by companies to record the environment they’re operating in or are planning to launch a new project/product/service etc. Analysis Political Factors There are certain groups in Europe and the United States that protest in order to draw attention to the health implications of consuming fast food. They claim that harmful elements such as cholesterol and adverse effects of obesity are a consequence of consuming fast food
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Nokia Introduction Nokia Corporation (OMX: NOK1V‚ NYSE: NOK‚ FWB: NOA3) is an international communications company‚ focused on the key growth areas of wire line and wireless telecommunications. Nokia is currently the world’s largest manufacturer of mobile telephones‚ with a global device market share of approximately 38% in Q2 of 2007. Nokia produces mobile phones for every major market segment and protocol‚ including GSM‚ CDMA‚ and W-CDMA (UMTS). The corporation also produces telecommunications
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PESTLE analysis is a process to help understand the overall market environment such as market risks‚ market growth or decline for a particular industry‚ business‚ product‚ or project. It is often a key part of strategic‚ marketing‚ and business planning. The political factors refer to the degree of intervention of government in the economy. For an example‚ if the government taxes increase‚ it will cause the selling price of Nestle increase‚ and therefore the number of customers and the sales of
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The Nokia Case Environmental and Resource Economics | Dr. Dennis Häckl Benedikt Müller | Raphael Petri | Nicola Rabba | Mirjam Rössler | Friedemann Seith Leipzig‚ 6th February 2013 Agenda Content A Introduction 3 4 B Nokia Case 4 C Conclusion Environmental and Resource Economics | Winter Term 2013 | Group 1 2 Agenda Content A Introduction 4 B Nokia Case 4 C Conclusion Environmental and Resource Economics | Winter Term 2013 | Group 1
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Executive Summary 2. Introduction 3. Internal Analysis of Nokia 3.1 PESTLE Analysis 3.2 Porters Five Forces 4. Analysis of Current Strategies 5. Recommendations 5.1 Ansoff’s Matrix 5.2 Marketing Strategy 5.3 Segmentation‚ Targeting and Positioning Strategies (STP) 5.4 Objectives 5.5 Analysis of Marketing Mix (7Ps) 5.6 References 6. Appendices 6.1 Appendix A 6.2 Appendix B 6.3 Appendix C EXECUTIVE SUMMARY: This report analyses the current situation Nokia is facing within the industry internally
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