Fill in order details

  • Submit your instructions
    to writers for free!
  • Start receiving proposals from writers

Order bidding

  • Chat with preferred expert writers
  • Request a preview of your paper
    from them for free

Choose writer & reserve money

  • Hire the most suitable writer to
    complete your order
  • Reserve money for paying

Work process

  • View the progress
  • Give suggestions
  • Pay only for approved parts
Posted on by wp

EXTERNAL AND INTERNAL FORCES AFFECTING NOKIA CORPORATION

For this essay, we will analyze the external and internal forces affecting Nokia Corporation. These forces define the business environment of Nokia company. The internal environment consists of management style, climate, and organizational structure. The external environment consists of technological, legal, social, economic, and political factors. Strategic analysis at Nokia for instance, requires close attention to these forces. In the past, Nokia sought a new growth area to complement the hugely successful mobile phone and network businesses. Finally,  their efforts began in 1995 with the New Venture Board, but it failed.

The problems faced by Nokia company were the results of poor strategic management.

EXTERNAL AND INTERNAL  FORCES;  BUSINESS MODEL TRANSFORMATION  NOKIA

Nokia Corporation is an example of a corporation whose business model transformed dramatically. The change was as a result of the dynamic business environment of Nokia company. The most notable changes occurred in the period 1985-1995. It was when Nokia expanded from the focus on paper, rubber, and cable industries to the field of consumer electronics. Strategic analysis at Nokia influenced these changes. More change resulted in more focus on mobile telecommunications: mobile telephones and mobile telecommunication networks. However, a further need for change led to the problems faced by the Nokia company. Lastly, divestments of businesses and a new focus on mobile telecommunications saved the company from demise.
For more information on the business model transformation at Nokia

ECONOMIC ENVIRONMENT OF NOKIA COMPANY

The business environment of Nokia company comprises of the micro-environment and macro-environment. The micro-environment includes employees, customers, suppliers, materials, and other stakeholders. Macro-environment consists of economic, social, political, and legal factors.  For instance, poor strategic analysis at Nokia led to Nokia’s decline in mobile phones. These included poor management decisions, dysfunctional organizational structures, growing bureaucracy, and deep internal rivalries. They, therefore, led to the problems faced by the Nokia company. Finally, these problems prevented Nokia from recognizing the shift from product-based competition to one based on platforms.
For more information on the economic environment of Nokia company

 

Additional attachments

>> Download

Post Views: 421

What our customers say
_____

Laurence HLaurence H
After I ordered a dissertation from your writing service, the first paper that I was given did not met my professor’s demand. I set the paper on revision and the writer made the revision for free meeting all my requirements and I was very satisfied.
James USAJames USA
“After I ordered a dissertation from your writing service, the first paper that I was given did not met my professor’s demand. I set the paper on revision and the writer made the revision for free meeting all my requirements and I was very satisfied.
David UKDavid UK
I was shocked by how your writers managed to deliver my paper on time, and I was among the best in our class in that paper. Thank you so much and I will never hesitate to use you
prevnext
×