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Nokia company - Essay Example
Author : mallie86
Pages 13 (3263 words)
This research will begin with the overview of the Nokia Company and its strategic issue also the research will present academic foundations, concepts & theories regarding strategic management of organisations, impact of external & internal environment on strategy…
It is evidently clear from the discussion that the origin of Nokia, the leading cell phone manufacturer, traces back to 1865 with the commencement of a project relating to forestry business by Fredrick Idestam who was a mining engineer in Finland. Finnish Rubber Works Ltd was set up in 1898 and the Finnish Cable Works commenced its functions in the year 1912. Slowly, the possession of the two companies along with Nokia started to change hands with few other owners. And then at last in the year 1967, these three mentioned companies were brought together which gave rise to the company called Nokia Corporation. The company has its headquarters at Espoo in Finland. Nokia Corporation is involved with the production of mobile gadgets along with appliances related to mobile network. It creates mobile gadgets with the facility of accessing internet on the gadgets. The company also offers services as well as resolutions relevant to its manufactured products throughout the globe. Nokia Corporation is involved with chiefly four kinds of business operations or divisions and they are multimedia, networks, mobile handsets and enterprise solutions. The company was stated to be the biggest producer of mobile handsets in the globe. It has a workforce which engages about 132,000 employees in more than 120 countries. In case of Nokia, after carrying out the internal and external analysis, it could be suggested that the company needs to take away its previous outdated models of mobile phones from the market as the requirements of the customers keeps on altering ...