ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT > Principles of Management ( P.O.M)

Pest Analysis On Nokia

Pest Analysis On Nokia

Discuss Pest Analysis On Nokia within the Principles of Management ( P.O.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation that is headquartered ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
Pest Analysis On Nokia
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
Pest Analysis On Nokia - December 2nd, 2010

Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki.[3] Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries, with over 123,000 employees in 120 countries, sales in more than 150 countries and global annual revenue of EUR 41 billion and operating profit of €1.2 billion as of 2009.[1] It is the world's largest manufacturer of mobile telephones: its global device market share was 30% in the third quarter 2010, down from an estimated 34% in the third quarter 2009 and an estimated 33% in the second quarter 2010.[2] Nokia's estimated share of the converged mobile device market was 38% in the third quarter, compared with 41% in the second quarter 2010.[2] Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform. Nokia's subsidiary Nokia Siemens Networks produces telecommunications network equipment, solutions and services.[4] Nokia is also engaged in providing free digital map information and navigation services through its wholly-owned subsidiary Navteq.

In the case of Nokia, it can be classified as international organization. It basic for global brand, which is required to focus on macro environmental factors, such as Nokia. Macro environmental factors comprise Political, Economics, Society, and Technology, viz, PEST Analysis. It is necessary force that Nokia has to concern and know what is happening in the other countries at the moment. Because there are different culture and different external factors between different countries, Nokia has to adjust its strategic plan in order to develop international market.

Political

It is important of a company to acquire resources from government, such as economic policy, and science and technology policy. The success of Nokia has obtaine the resources from Finnish policies which assist Nokia to advance its products. As Zheng (2001) has observed:

The Finnish policies are the most important factors of Nokia. To operate efficiently, a modern knowledge- and technology-based economy that is highly specialized, internationalized and undergoing rapid structural change requires active support from the public sector. In its widest sense industrial policy and science and technology (S&T) policy comprise all those measures by which the public sector shapes the operating environment for business and thus fosters public welfare. Both policies ursued by Finnish government and Parliament are crucial for the development bothe of the Finnish Economy and of national information society.



Finnish government best facilitate the efficient functioning of the economy by directing its resources to the reduction of market failures. The state must also pursure an industrial and economic policy that provides a stable macroeconomic environment for enterprises. General macroeconomic stability, low interest rates, stable currency conditions and the international competitiveness of the tax system form the foundation for the growth of business an improvement in employment.

As the result of this, not only Finnish Government but also international companies, such as Nokia, have play very important roles to develop their information society and national technology strength.



Economic

According to the fact that Russian Federation was collapsed in early 1990s and it assaulted with Finnish economics (OECD, 1996). Nokia also face with the problem, and changed its functions from single market and overall products to global market and focusing mobile phone market.



Society and Technology

In the 1980s, people trend to microcomputers and Nokia try to match the tendency to produce its main products, such as computers, monitors and TV sets.(Merriden, 2001) According to the changes in 1990s, Nokia also changs its functions to mobile phone market. Nowadays, the global market trends to connect PC and mobile phone, even though to combine these two products together.



On the other hand, one important future challenge of Nokia is to estblished its policy to follow up the environmental policy and science and technology policy of the Finnish Government. As Zheng (2001) has report:

Substainable development and environmental protection have various effects on the operation of the innovation system. Innovation also creates new opportunities for promoting sustaainable development. The markets for environmental products are expected to grow rapidly in the near future. The Finnish government offers goods facilities for taking this opportunity. National and European reforms arising from environmental objectives influence the perequisites from innovation. [Nokia] must be used to find solution which help to implement environmental objectives as well as the objectives of innovation policy in a balanced way.(Science and Technology policy council of Finland, 1996)

To sum up, the main reason of Nokia has success to advance its products are the policies and technology development of Finnish Government. It can not be separate between Nokia’s successful of advance its product and Finnish Government’s policies, both of Nokia and Finnish Government are the winner in the international market. Nokia has obtain the success of mobile phone market, and Finnish Government has establish its position of technology development.
Advertisements


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Friends: (0)
Reply With Quote
Related to Pest Analysis On Nokia
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
PEST analysis Sagar_pandya Business Environment (B.E) 38 May 20th, 2013 07:22 AM
Pest Analysis & Swot analysis Karan Shah Business Environment (B.E) 0 July 30th, 2010 01:21 AM
Pest analysis kassac Resolve Your Query - Get Help and discuss Projects 5 June 4th, 2010 01:09 PM
PEST Analysis Anvita Chaturvedi PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT 0 February 23rd, 2010 02:48 PM
pest analysis love2connect PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT 5 October 28th, 2009 07:13 PM
 

Reply

Bookmarks

Tags
barriers to consumer, capital flows, capital investment, communication device, flow of information, food exportslow taxes, foreign capital, franchise business, highly-skilled staff, increasing demand, labelling regulations, labelling schemes, pest analysis, political status, price declines, production equipment, rapid development, rules of law, skilled workforce, social cultural, technology factor, trade organization, traditional, us company pest analysis

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

notes on Brand Management ( 1 2 3... Last Page)
Last post by Mahi Menon
17 Hours Ago 10:43 AM
33 Replies
Solution Manual on Cost... ( 1 2)
Last post by Jorge Espada
18 Hours Ago 09:39 AM
18 Replies
Mutual Fund Project ( 1 2)
Last post by Palak Agarwal
1 Day Ago 09:09 PM
13 Replies
INTRODUCTION OF...
Last post by Palak Agarwal
1 Day Ago 09:06 PM
2 Replies
Epic Research Update :...
Last post by Epic Research
1 Day Ago 04:24 PM
1 Replies
Epic Research Update :...
Last post by Epic Research
1 Day Ago 04:20 PM
1 Replies
Can facebook can be used... ( 1 2 3)
Last post by Kiky Idforq
1 Day Ago 03:20 PM
29 Replies
Indians Perform Better...
Last post by Kiky Idforq
1 Day Ago 03:18 PM
3 Replies
Hard work or Smart work... ( 1 2)
Last post by Kiky Idforq
1 Day Ago 03:17 PM
14 Replies
Should tobacco companies...
Last post by Kiky Idforq
1 Day Ago 03:15 PM
4 Replies
Are english skills...
Last post by Kiky Idforq
1 Day Ago 03:14 PM
7 Replies
Wisdom does not come...
Last post by Kiky Idforq
1 Day Ago 03:12 PM
3 Replies
Download more than 300...
Last post by Abhaya Panda
1 Day Ago 01:30 PM
3 Replies
Happy Dhanteras Quotes,...
Last post by Krunal Dhabhi
1 Day Ago 10:51 AM
1 Replies
Solution manual on...
Last post by Andrew Ken
1 Day Ago 06:35 AM
1 Replies

» Projects Helpline

Solution manual on...
Last post by Andrew Ken
1 Day Ago 06:35 AM
Stock Marketing TYBMS...
Last post by Rajat Audichya
6 Days Ago 05:42 PM
CRM- Hotel Industry
Last post by Matt Martin
1 Week Ago 10:32 PM
advertising in telecom...
by kpis_02
Last post by Mohit Utmani
1 Week Ago 10:45 AM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in