Mission statement of nokia company. Mission statement of nokia company Free Essays 2022-10-04
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Nokia is a multinational telecommunications and technology company that operates in over 120 countries worldwide. The company has a long and storied history, with roots dating back to the late 19th century. Today, Nokia is known for its wide range of products and services, including mobile phones, telecommunications infrastructure, and virtual reality technology.
One of the key components of any successful company is a clear and compelling mission statement. A mission statement defines the purpose of the organization and serves as a guiding principle for all of its actions. Nokia's mission statement is "to connect the world."
This mission statement reflects Nokia's commitment to bringing people and communities together through the use of technology. The company believes that by providing access to reliable and innovative communication technologies, it can help to bridge cultural divides, facilitate economic development, and bring people closer together.
In order to achieve its mission of connecting the world, Nokia focuses on developing and delivering a wide range of products and services that meet the needs of its customers. This includes everything from traditional mobile phones and telecommunications infrastructure to cutting-edge virtual reality technology and IoT solutions.
In addition to its focus on delivering high-quality products and services, Nokia is also committed to sustainability and social responsibility. The company recognizes that its operations have an impact on the environment and on the communities in which it operates, and it works to minimize these impacts through a variety of initiatives. These include efforts to reduce energy consumption and greenhouse gas emissions, as well as initiatives to promote diversity and inclusion within the company and to support local communities.
Overall, Nokia's mission statement of "connecting the world" reflects the company's commitment to bringing people and communities together through the use of innovative technology. By focusing on delivering high-quality products and services, and by operating in a sustainable and socially responsible manner, Nokia is helping to shape the future of communication and connectivity.
Nokia Mission Statement and Business Strategy, Essay Example
Nokia holds many of the key technologies for mobile devices, but lacked the foresight and leadership to seize the massive opportunity in the shift from feature phones to smartphones. We all have heard the name Samsung at some point in our lives. The Live and Classic are aimed at the mass market. However, like most other companies, Nokia has some weaknesses, but we consider these to be very minimal, and almost only come down to their competition. . Fortunately, our computer science experts are up to the match. .
The problem solution The objectives regarding this marketing communication problem is that Nokia must create a stronger image for its mobile phones in the gadget segment. In dealing with the first section on the study case , the author analysed the three elements of the strategy context used by the management team and then discussed strategic risks associated with focusing on the single development area out of four. The main focus of Nokia is relationship marketing; the company personality is like a trusted friend. Words: 1854 - Pages: 8 Premium Essay Samsung Vision and Mission. Easier and fast supply chain management and distribution experience. We will talk about their history, and how they came to where they are today.
Building friendship and trust is the main objective of the Nokia brand. Patric, 2013 In order to regain its lost market share and return to the leadership position, Nokia created series smartphone called Nokia Lumia. All of the time from 1990 to 2000, Nokia became a star in the global technology: biggest mobile phone producer in the world, many biggest thing in world when talk about Nokia. . Key Issues Nokia has a unique product and although Free Mobile phone Nokia Smartphone Nokia Company Background NOKIA COMPANY BACKGROUND Company Information Nokia Corporation Nokia is player in mobile industry.
As such, the fluency of language and grammar is impeccable. To the middle segment customers it is in the form of the best alternative. What if the paper is plagiarized? Used to be the market leader in the mobile phone industry, but the company now has been struggling in order to survive through the fast growing and many competitors of mobile phone industry. Great price point coverage, from low price to very high price 7. No substantial part s of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
In 1992 a new group chief executive, Jorma Ollila was appointed. To achieve greater efficiency and more focused approach to business, Nokia has formed a new business structure which consists of two distinct business units, i. Nokia ability to have relatively stable assets throughout a long term. The company needs to segment its customers according to their specific needs to allow it reclaim he lost market shares. The Coca-Cola Company provides their consumers with soda beverages as a product. In the recent past, this company has witnessed a broad change in leadership as well as an extension of its line of production.
Properly communicating the goals and identity of an organization are essential if employees are to completely understand their purpose and mission to the organization. Words: 1312 - Pages: 6 Free Essay Nokia Strategic Analysis. Paritosh Kumar Singh Arindam Banerjee Rajneesh Kumar Sharma Krishnendu Karmakar PGDM FS 2013-2015 Section- D Contents Introduction to NOKIA 4 History of NOKIA 5. Nokia wide distribution of employees specifically in each countries, make them more competence in understanding the specific need of each countries 10. The current CEO is Kwon Oh-Hyun who started in 2012. To the lower end segment, the carrot is that Nokia gives real value, as a high tech product, at low affordable price.
Away to insure that the company can stay on top is to increase the innovations to their devices. We have highlighted some of the most popular subjects we handle above. Power and Associates and price. This will also index a flexibility element in its operation, which will be relevant given the dynamicity in the contemporary communication center. . It is for this reason that Nokia must adapt to continue its expansion for benefit of its different stakeholders.
Finance Do you struggle with finance? Additionally, the company has adequately fulfilled its objective of connecting people in various corners of the world. Students face a lot of pressure and barely have enough time to do what they love to do. Words: 3860 - Pages: 16 Premium Essay Strategic Marketing. Nokia Corporation Nokia is a big player in mobile industry. Executive summary Nokia was one of the most recognized and well-loved brands in the world.
. History of Nokia Nokia was initially a paper manufacturing company that was based in Finland back in 1865. We present an analysis based on three strategic alternatives regarding the Operating System Nokia should use to implement its new line of smartphones, in order to compete with already established player in this segment and ensure long-term profits at the same time as bringing the highest levels of satisfaction to every of its stakeholders. These high expectations extend to Nokia partners, subcontractors and suppliers, whom we encourage to strive beyond merely fulfilling legal compliance. . Name Samsung Electronics Co. Do you have responsibilities that may hinder you from turning in your assignment on time? However, it is currently facing significant threats in the face of the iPhone industry and the android operating system, One of the main challenges confronting Nokia company, according to a recent report, is competitive pressure that has deep-seated roots.
We know that a vision statement is the inspiring words chosen by successful leaders to clearly and concisely convey the direction of the organization. Today you can see just about everyone on a Smartphone even children, which just comes to show how popular and demanding Smartphones have become. When assigning your order, we match the paper subject with the area of specialization of the writer. For employees, it gives direction about how they are expected to behave and inspires them to give their best. The everyday consumers were not overly attracted by these high prices and limited functional phones.