12 Feb Nokia Corporation styled as NOKIA, is a Finnish global company dealing with the information technology products. The head quarters of Nokia. Nokia Corporation PESTEL analysis is a strategic tool to analyze the macro environment of the organization. PESTEL stands for – Political, Economic, Social, . PESTLE Analysis for Nokia Corporation. Words Jan 6th, 8 Pages. These forces are present in the external environment of the organization, but are .
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So Nokia should enhance the quality of internet, camera, email, call record and run social media and make video calls to others. Having Microsoft as partner Brings a vast range of technological advantages like Windows phone mobile platform. The process of giving services, the way of its delivered is very important to customer satisfactions. Article continues after ad. Nokia needs to have correct copy rights of its designs so that nokia pestle analysis can legally protect its products form copying.
They have collaboration with big brands such as Redbull,National geographic and many more. Social factors involve different features like education, modernization, advancement and development and population somehow too. This shows that there is also extremely reduction over the last 4 years in sales of Nokia according by nokia pestle analysis Marketwatch, So we could say that Nokia has only one supplier that have good nokia pestle analysis which is Microsoft, on the other hand Nokia can switch to any hardware suppliers as far as they provide them with cheap material and low cost.
As the figures have been shown, there is a significant decrease over the last 6 years in market shares of Nokia. Nokia carefully tries to limit and reduce its energy consumption and make sure to garantee that materials are ethically sourced. One of the big opportunities the Nokia Company have is their deal with Microsoft because it is a win-win situation for them especially if they cooperate and use their resources to develop and expand the range of products and the prices and to increase their presence in the market.
While micro environment factors such as competition norms impact the competitive advantage of the firm. The exchange rates operate across the world so this consistent change leaves economic effects on the business and the company has to face various problems in settling down their financial matters Academic sample papers, Slow speed will give more time while fast speed of technological disruption may give a firm little time to cope and be profitable.
Economic Economic system is crucial for Nokia because it can control the production, how the products should be produced and target market that uses the end products.
Intellectual property is the fundamental element to any technological business and must be cared for nokix protected to the entire extent to secure the fact that the business nokia pestle analysis not lose analyssi to rivals. Staffs need to be well trained, improve their soft skills, also with the attitude and team work.
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Any company in the business industry can face problems and issues from the entry of new companies into nikia market. All level of social class use different model of mobile phones frequently to meet their personal needs, despite their differences in nationality, race, beliefs, religion or income level between among each others.
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For the present time UK interest rate is stagnates at a relatively low level of analysks. Even within a country often states can have different environmental laws and liability laws.
Even if the number of customers keeps falling down, thanks to these economic patterns Nokia may be able to record an increase on its average spend per customer.
Nokia corporation engages in the manufacture of mobile devices and mobile network equipment, as well as in the provision of related solutions and services worldwide the company has four main business functions or segments: When Nokia dropped out some employees, the government helped the company to secure the jobs of these workers.
Nokia has selected a pesstle of segments and come out with product for each of them thereby ensuring its presence in the complete market.
Nokia approaches selective strategy which focusing on their best potential market.
PESTEL Analysis of Nokia | Free PESTEL Analysis
They keep on reminding the customer about their product and gives information about their new launches as well. They provide mobile phones with different features such as camera strength, screen sizes, processers etc. Due to the popularity of mobile phones, mobile phone is not just a simple communication tool, but become a partner in the day-to-day life and nokia pestle analysis friends.
For example, Nokia has been advertising on pestlle network such as Facebook and Twitter.
Bureaucracy and interference in Communication Equipment industry by government. In the case of Nokia, it relies on suppliers to provide necessary equipment for their advanced phones for example Microsoft is working with Nokia in term of providing new generation of mobile phones with the use of Microsoft software.
Because of German production, production in Western Europe not only stand in Finland’s 85 million mobile phones which including Nokia’s high-end E-series and N-series that manufactured pesgle Salo.
Unlike Apple, Nokia has had a hard time tapping into the fast-growing Chinese market.
Medicine essays Miscellaneous essays Psychology essays Religious studies essays Science essays Sociology essays Essays menu. Each of us is qualified to a high level in our area of expertise, and we can write you a fully researched, fully referenced complete original answer to your essay question. They have the lowest cost of mobile device which cost around 17 pounds and a normal range i.
In addition, Nokia had launch Lumia Smartphone that powered by Windows 8 with unique camera technology, exclusive Live Tiles and design features.
It is important that Nokia has the knowledge about the economy condition of host country such as inflation rate, currency exchange rate, to improve the venture to achieve personal and financial security with future plans. But the business was later expropriated by the Left Wing government.
Having Microsoft nlkia partner Brings a vast range of technological advantages like Windows phone mobile platform.