Nokia's Internal Factors Make It Case Study

PAGES
2
WORDS
567
Cite
Related Topics:

Nokia's path -- based on Symbian, relatively slow innovation and a focus on low-margin emerging markets -- has not benefitted the company much. Yet, it still has some valuable assets. The firm may no longer have any 'hot' products, but the Nokia name is still respected. In addition, the company still has some financial health as well. That said, Nokia is struggling to find its way in the smartphone market. It feels that its product is competitive, but either they are wrong about the product or they have horrible marketing because Symbian is nowhere to be found. Its focus on India and other low-margin markets has it struggling with pretax margins, while industry leaders Apple, RIM and HTC have robust margins. Nokia's way forward is to either make up...

...

or, Nokia can admit that it is in trouble in the developed world, and focus strictly on its competencies in producing functional smartphones at a low cost for the emerging market consumer. The latter two strategies hold the most promise. The company is profitable with its smartphone business, despite its low profile, but it cannot miss the next boat. Thus, Nokia needs to plus some of these profits back into its business and develop the next wave of mobile technology, be on the front end of that one so that it can leverage its brand and its internal capabilities.

Cite this Document:

"Nokia's Internal Factors Make It" (2012, April 19) Retrieved April 25, 2024, from
https://www.paperdue.com/essay/nokia-internal-factors-make-it-56333

"Nokia's Internal Factors Make It" 19 April 2012. Web.25 April. 2024. <
https://www.paperdue.com/essay/nokia-internal-factors-make-it-56333>

"Nokia's Internal Factors Make It", 19 April 2012, Accessed.25 April. 2024,
https://www.paperdue.com/essay/nokia-internal-factors-make-it-56333

Related Documents

mobile phone and telecommunications industry is one of the fastest changing industry in the world. Within short periods of time, new technologies and designs are appearing on the market and it is often a challenge to keep pace with them. Further more, the latest change have shown a certain translation from the primary objective of such a product, communicating at all times, transforming it into a product that carries

Apple Inc. Ethics The Apple Inc. has grown exponentially from the years when it diversified from being strictly a computer manufacturing company to production of consumer electronics. It has then had several firms across the world and in some areas places where the labor cost is very low, hence predisposing the organization to possibility of labor abuse. This has then called for strict ethical policies followed by implementation of the same. According

Verizon Communication Telecommunication industry is one of the fastest growing industries in the world, with advancement in internet technology, advancement in trade and commerce, social dynamics and an ever-expanding global market. Telecommunication has become one of the most essential mediums that facilitate communication, interaction and transaction in both social and economic platforms. To this end, many companies have invested billions of dollars worldwide in an attempt to rip some of the

I. Market Domain: Search Engine Industry The search engine industry covers firms operating search-based internet sites and search engines displaying ads. Their services are normally offered free of cost and their income comes from ads (i.e., " paid click.& quot; when users click ad links). Search engines rely on numerous free services like news, e-mail, entertainment and social networking for attracting internet users (Clyde, 2000). A. Historical Significance: Analyze historically significant pivot

Change Management
PAGES 6 WORDS 1959

Organisations exist in a constantly evolving environment, warranting change. Organisational change occurs as a result of factors such as industry and market shifts, technological advances, socioeconomic changes, as well as political and regulatory shifts (Hayes, 2014). Adapting to change is a crucial ingredient of success in today’s world. Indeed, examples of previously powerful organisations that have declined or even collapsed due to failure to adapt to change are not uncommon.

Consumers and Social Media
PAGES 35 WORDS 10594

social media of hotel industry influence consumer purchasing behavior 24/09/2015 Prominent examples of social media Business Use of Social Media Social media and consumer purchasing Role of Social media in Advertising and Marketing Social Media Marketing Evidence of importance of Social Media Marketing Impact of Social Media Marketing on Consumer Purchasing Behavior The Herding Effect Theory of Social Impact Social Media Influence Factors on Consumers Social Media in the Hotel Industry Social media and Thailand Hotels Approaches to Methodology Outline of research Method Sample