Sri Lankan Airlines Vision statement “To be the most preferred airline in Asia” Strategic vision should be distinctive and specific to a particular organization. In this statement the word “airline” and “to be the most preferred airline in Asia” says the specific particular organization and the destination that they want to achieve. It involves the management aspiration through strategic thinking about - Future direction of whole company - Make the customer preference towards them - Current
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US and Europe are decreasing · High demand for cheaper phone models in Middle East‚ Southeast Asia‚ Africa‚ China‚ India o Low-cost handsets=reduced Average Selling Price o Growing market for $25 and $10 phones · Companies moving manufacturing plants to low-cost Asian countries * Rising cost levels * declining prices * higher competition Nokia’s strategy and globalization: · Maintain large market share and economies of scale o Strong
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the respondents are between 30-35 age group‚16% of the respondents are between 35-40 age group‚12% of the respondents are below 25 age group and 8% of the respondents are above 40 age group. Nearly 40% of the customers are using nokia mobile phones are within 25-30 years of age 4.1.1 AGE WISE CLASSIFICATION [pic] 4.2 SEX Sex also play a vital role in usage of Mobile phones . satisfaction level varies between both the sex. Table 4.2 shows the sex wise classification
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Microsoft and Nokia. This ‘transformation’‚ turning Microsoft into a ‘devices and services’ company‚ is key to the company’s continuing survival‚ and would be impossible without Nokia. Here are four reasons why the acquisition had to happen: Microsoft need to keep its momentum Recent industry figures have shown Microsoft’s Windows Phone 8 posting its highest ever market share allowing the mobile OS to leapfrog BlackBerry and become the third-most popular globally. This means that Windows Phone
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Nokia Smartphone Strategy Nokia is a world renowned telecommunications corporation that connects over 1.3 billion people. Nokia’s mission is simple: Connecting People. Their goal is to build great mobile products that enable billions of people worldwide to enjoy more of what life has to offer. The company started out producing wood pulp and paper‚ the most influential communication technology in history‚ in Finland in 1865. By the 1960’s Nokia is a booming business with large production of rubber
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insists. A nation’s competitiveness depends on the ability of its industries to innovate. Porter introduces the concept of “the diamond of national advantage” - a system that some nations establish for its industries that facilitates innovation by companies within the industry. The four broad attributes of a nation that constitutes the “diamond” are factor conditions‚ demand conditions‚ related and supporting industries and firm strategy‚ structure and rivalry. In the article “Finland-and-Nokia:Creating-the-World’s-Most-Competitive-Economy”
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Introduction Nokia was founded in 1865‚ is headquartered in Finland‚ mainly engaged in the production of mobile communication products multinational‚ is the world’s third largest mobile phone manufacturer. February 2011‚ Nokia and Microsoft entered into a strategic alliance and the depth of cooperation. Over the past few years‚ Nokia shares have gradually from London‚ Frankfurt‚ Paris and Stockholm stock market delisting. February 9‚ 2012‚ due to poor management‚ Nokia announced layoffs in three
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es NOKIA WEAKNESS The state or quality of being weak is the definition of weakness and therefore any organization‚ company and even people do have weakness. Therefore Nokia as a company does have it own weakness and the weaknesses are as follows. - Nokia fired a number of R&D employees in order to cut costs as of just weeks ago (Pepin G. 2009). As of that it will probably have effect on short run margin or long run margin. - Some of the products are not user friendly; if the customers face
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The Nokia Revolution The story of an extraordinary company that transformed an industry Dan Steinbock Presentation by: Selina Beelaerts & Meena Mallipeddi 1 *Note: It should be understood that the company now known as “Nokia” did not exist in its present form until the 1990s. However‚ for simplicity’s sake‚ we will be referring to the predecessor companies as “Nokia” as well. Outline • Introduction • Background: Nordic Cooperation & Nokia’s Postwar Consolidation • Nordic Cooperation
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Case study: Finland and Nokia 1. How was Finland able to move from a sleepy economy to one of the most competitive nations in the world by the end of the 1990’s? Finland was considered a sleepy country even after their independence from Sweden‚ depending its economy mainly on the Soviet Union by exporting its natural resources. Finland however slowly but constantly developed its economy up to the OECD average‚ following the models of its Nordic neighbors to invest highly in social welfare and
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