Finland Finland and Nokia: Creating the world’s most competitive economy MAN 865 SA BUSINESS AND GLOBALISATION Question 1 What were the primary sources of locational competitive advantage of Finland that enabled Nokia to build a global leadership position in mobile phones? Which of these characteristics resulted from explicit policy choices? According to porter, “The wealth of a nation is not inherited, it is created.” Finland’s
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Nokia Swot Nokia is a mobile technology manufacturer headquartered in Espoo, Finland with 2010 revenue of $43Billion. A pioneer in manufacturing mobile phones and the GSM technology, Nokia’s profitability has been on the decline in recent years. A reduction of market share in N. America of 35% in March 2008 to 8.1% in April 2010 highlights Nokia’s decline. This led its Board of Directors to replace its CEO with Stephen Elop. Find below a SWOT analysis description and summary document on Nokia
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Korean manufacturers. | Bargaining Power of customers | High due to switching costs being low, existence of variety of phones. | Low in rural areas and high in urban areas due to the price sensitivity. | Bargaining power of suppliers | Low- Nokia manufactures the phones themselves and controls the distribution | Low in urban areas and medium in rural areas due to dependence on local distributers | Threat of new entrants | Low- existing brand royalty and high paced innovation required.
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Growth Microsoft’s strategic rationale for deal announced with Nokia on September 3, 2013 This presentation contains forward-looking statements, which are any predictions, projections or other statements about future events based on current expectations and assumptions that are subject to risks and uncertainties. The potential risks and uncertainties include, among others, that the expected financial and other benefits from the Nokia transaction may not be realized, including because of: our inability
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regions? In what way? Look up a concept called "value chain". Is it relevant here? Nokia opened its factory in Germany in 1987, why do you think it made that decision then and what about the costs that it must have incurred till now? Is Nokia's decision to relocate its factory is legitimate? Why or why not? Could Nokia have made the Bochum plant more competitive? How? 2. Was the German backlash against Nokia justified? How can nations make themselves more competitive? What are the factors
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image for a customer. It should also complete the experience that the product is providing for the user. "The package is important for the image of a product but there are also ethical concerns," says Senior Design Manager, Ulla Uimonen from Nokia. "Nokia produces hundreds of millions of phones with customer packages and their environmental impact should be minimized." In an ideal world mobile phones would not need a package at all. Now they have to be protected for storage and transportation
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Haas School of Business, U.C. Berkeley NOKIA – It’s tough being #1 NOKIA – It’s tough being #1 HAAS SCHOOL OF B USINESS, UC B ERKELEY M ARKETING FOR HIGH TECH ENTREPRENEURS FALL 2001 ANDREW ISAACS Prepared by: Jill Alvidrez, Peimin Chi, Nipul Chokshi Sarang Dalal, Steve Sinha, Rahul Shah, Nancy Suh 1 Haas School of Business, U.C. Berkeley NOKIA – It’s tough being #1 2 Haas School of Business, U.C. Berkeley NOKIA – It’s tough being #1 TABLE OF CONTENTS INTRODUCTION
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Executive Summary Nokia initially had major focus on rubber and in 1967 they shifted to electronics industry.Nokia organization was divided in three groups:Devices & Services, Mobile Phones andMarkets.Nokia Denmark has the question of defining the future strategic directions for product development activities which is there main concern. It use to develop about 10 mobile phones a year. Nokia Denmark had three strategic operations: Nokia could scale up JRD with Foxconn to suspend in-house development
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three factors that are likely to contribute to the intrinsic motivation of those hired. Explain how this factors will contribute. The factors that are more likely to contribute to the intrinsic motivation of those hired are, one of the plans of Nokia is to turn the plant over to local managers within four years, this is an exiting opportunity to people that live there or are planning to live there to have a good work with a good company knowing that their vision is to stay. They are also giving
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The good: The Nokia Lumia 920 forges new Windows Phone ground with wireless charging support and a highly sensitive screen you can use with gloves. Moreover, Nokia helps fill in Windows Phone OS gaps with a few missing features. The bad: A thick, heavy build and slippery finish for some colors make the Lumia 920 harder to hold and carry, and the phone's overhyped camera doesn't have enough settings. The bottom line: Nokia's Lumia 920 is heavy and thick, but if you want the most powerful, feature-rich
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