As the report declares the company’s primary goal is to develop excellent mobile products that will enable billions of people across the world to connect with each other through mobile communication. Currently one of the main challenges facing the company is the increasing competitive and dynamic market. Nokia has however remained as one of the leading mobile manufactures and other information and technology related software and games in east and central Europe.
This paper stresses that Generally Companies often relate with two types of environment, Microenvironment and Macro environment. The microenvironment comprises the company’s marketing, customers and competitors and other the related forces which affect demand for a company’s goods. These forces include economics, demographics, technology, politics and culture. Macro-environment affecting Nokia Company include; technology, demographics, social, political and economic factors. Legal constraints (such as the G3 technology constraints that Nokia have to put into consideration) must be taken into account because many businesses aim to make a profit hence they are tempted to mislead their customers about prices, quality and the availability of the products. They may also cut expenditure by using lesser quality materials in their products. Moving into the Mobile World Nokia has remained committed to strong growth, profitability and responsible in market leadership. ...Show more