In 1871, the company was known as Nokia Ab. Nokia entered the telecommunication industry in 1981, with its very first mobile service named Nordic Mobile Telephone service (NMT). Nokia was the pioneer in introducing the first car phone to the telecommunication network. Mobira 450 car phones were introduced in 1982 and portable phone in 1986. To meet with the changing need of the customers in the era of innovation, Nokia came up with 3G (third generation) mobile in 2002. In 2007, the company was recognized as 5th most valued brand worldwide. This enhanced the goodwill of the company and its brand recognition to a large extent (Nokia, 2011). The very recognition provides the company with the stronger grip into the market. The mission of the company is simply “connecting people”. The company deals with mobiles and cell phones and enjoys market share of 31% internationally. The company also has an excellent team of skilful manpower. The HRD department of Nokia is very well developed (Nokia, 2011). 2.0. Industry Analysis The frequent changes experienced in the wireless telecommunication market have resulted in both challenges and opportunities for the companies operating in this sector. After an exceptional growth for over a decade, the telecom sector has witnessed many ups and downs. The innovation of technology in this industry makes the competition fiercer in which the initiator accumulates maximum benefits (Jayashree & Et. Al., 2010). Currently, the global telecommunication industry has expanded itself to nearly double since its commencement in the early 1980s. Competition experienced in this industry is intense in nature and emergence of several factors is enabling certain drastic changes within the organisational management trends executed by telecommunication companies. Internet and wireless technologies have been bringing in dramatic changes in the preferences of customers, disrupting traditional communication systems despite decreasing the prices. Telecommunication industry includes several technology related business segments such as wireless communications, internet, local and long distance telephone services among others (Ingres insight, 2008). 3.0. Organizational Analysis In order to gain competency, Nokia tends to inculcate the cultural social aspects that in turn is effective in rewarding the company with greater brand equity in its market (de Wit B & Meyer, 2004). Nokia is enhancing its competency in emerging markets through the adoption of latest technology. Nokia had experienced losses in terms of its market share due to the ineffective strategies implemented by the company in relation to market trends and customer demands of the targeted market. But the market also offers huge prospective opportunities to Nokia such as operation in developing countries like China and Japan. Telecommunication market is increasing vigorously providing more opportunity for Nokia to operate in the market. Planning and developing approaches are both of use. Resource based strategies and market strategies both played quite important roles in the development of Nokia (BBC New, 2007). 4.0. Prominent characteristics of Nokia 4.1. Strengths Largely varied product range User friendly and update technology usage in the products The resale values of Nokia mobiles are comparatively high attracting price concerned customers Continuous product innovation Considerable percentage of market share internationally Has a persuasive branding image towards its customers as well as
Organizational Profile Using Secondary Research Assignment Table of Contents 1.0.Description 3 2.0. Industry Analysis 3 3.0.Organizational Analysis 4 4.0.Prominent characteristics of Nokia 4 4.1.Strengths 4 4.2.Weaknesses 4 4.3.Opportunities 5 4.4.Threats 5 References 6 1.0…
Human resources are the most important resources because they are in right place to coordinate other resources. Natural resources, as the name implies, indicates that they are the resources derived directly from nature.
An organizational environment is therefore important to understand, more so because it sheds light on the fact that its sense of optimism is linked with it. If the organizational environment is not properly aligned, there would be serious problems that would exist, and which need to be tweaked or even brought to a complete halt and then start from scratch so that the vital organizational value can be derived.
Primary sources are retrieved from live sources whereas secondary sources are retrieved from recorded sources. Primary sources are retrieved from people who have personally experienced an event or are associated with the subject under discussion in some way.
They see it as the avoidance of legal threats, rather than the paybacks of diversity, hence, doing the minimum required, rather than the maximum, in promoting diversity. Eventually, they promote uniformity instead of diversity. The long - term achievement of any organization calls for a diverse group of talent that can convey fresh ideas, perceptions and views to their organization.
Everyone has their own way of differentiating between right and wrong. For me the criterion is to evaluate the situation on the basis of religious beliefs, societal norms and governmental laws. My hero in the ethical perspective is one of my university teachers who convinced me to deal others with respect and honesty.
Inclusiveness in the initiation and implementation of change leads to motivation towards goal achievement and reduction of resistance to change (Lines, 2004). How the hypothesis was tested: Historical reference and testing and evaluation of change existing theories.
This is unlike in the past when there was no much emphasis on some of the mentioned aspects, facilitating freewill in the choice of a career with regard to only interest. The two occupations favored as a career choice path for this research are Registered Nurse and Teacher Assistant, more specifically, preschool teacher.
During this period, several economic activities take place since the people need services and many other products during their period of stay (Becker, 1986). Definitely, the tournament influenced the economy of the host country mostly in a positive way. The South
It is also a representation of the earliest vernacular English literature. In the modern society the epic poems are popular when viewed in the form of a film. Beowulf has been used in many instances for teaching English in British secondary schools. This
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