Introduction: "Nokia - Connecting People": this slogan is known all over the world. In 2006 Nokia employs 68‚041 people in 120 countries. Currently every third mobile phone sold in the world is from Nokia. The Nokia Company is today one of the world’s leading high tech companies. Its rapidly growth in the 1990s coincided with a basal structural change of the Finnish economy and industry. In this restructuring process Nokia played an important role. Despite the fact that Nokia is a leading multinational
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The mission of a company is so important because it is the statement of the business purpose. It gives the business a guide line for all decisions to be made. The main purpose of the mission is for all employees from top to bottom to help reach this mission. This shows the idea as to what management views of the purpose of the business. Businesses can use a mission statement for profit motivation or customers as there focal point. The strategy of the business is so important because it shows how
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BM3399 Strategic Management Strategic Plan: Nokia | Group F4 | 905690745162235792279447892599 | | | | Contents 1. Introduction 3 2. Internal Analysis 3 2.1. Resource Analysis 3 2.1.1. Hierarchy of resources 4 2.1.2. Resource Portfolio 4 2.1.3. Core Competencies 5 2.1.4. Summary of Resource Analysis 5 2.2. Strategic Business Unit (SBU) Analysis 5 2.2.1. Identification of SBUs 6 2.2.2. Summary of SBU Analysis 6 2.3. Value Chain Analysis 7 2.3.1
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My desire to be an Alpha man strongly revolves around the fraternity’s aims‚ mission statement‚ and vision. These principles and values of Alpha are something that resonates deeply with how I try to develop myself as a man within an academic setting as well the local community. The fraternity itself set the standard for which other Black Greek fraternities and sororities would follow as being the first inter-collegiate fraternal organization established for African-Americans with the sole purpose
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Tom’s of Maine is a natural personal care products Company...‚" and the mission statement begins here. "They have all natural ingredients and they have a commitment to the environment‚ this is what I had heard on the radio. That sounds like a company that is worthy of my time. So I decided to analyze Tom’s of Maine’s mission statement. I saw in this company a business that cares about the environment‚ so they must care for their employees‚ customers‚ and the general public. "Build a relationship
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Step 1 Identify Your Values and Motivations. The first step in creating a personal mission statement is to understand your values and what motivates you. Focusing on your values and what you are internally motivated to do helps you create a more meaningful mission statement. Address the following in order to better determine your personal values: Consider the traits and qualities of people you admire. How would you describe your heroes? Very independent and hard working Consider what kind of
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“Where there is no vision‚ the people perish...” or maybe it was Habakkuk who wrote in chapter two of his book “…write the vision‚ and make it plain upon the tables‚ that he may run that readeth it.” The vision that King Solomon and the Prophet Habakkuk spoke of and the visions that organizations seek are different but is some ways the same. While Solomon and Habakkuk were speaking of the instructions in God’s truth which was given to His people by His prophets through visions; leaders of organizations
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Self-concept – Outstanding value unrivaled on land or at sea. Concern for public image – Worlds best-known cruise brands. Concern for employees – Missing. A revised mission statement that would include the missing items listed above could read as follows: At Carnival‚ the world leader and innovator in quality‚ our mission is to deliver
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How does Nokia segment the market for cell phones. Nokia’s vision is a world where everyone can be connected. The company applies differentiated market segmentation. Nokia distinguishes the market according to the different variables. The first selection is based on the demands of individuals and business firms . That explains the development of mobile devices applications which fulfill the needs of individual clients and those that provides business application and software. Second selection
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year out‚ but they change their phone every year‚ some even twice a year. Nokia is still the largest mobile phone company in the world‚ but its long-term dominance is now challenged more than ever. Observers have begun asking whether the cutting edge that has turned Nokia into the number 1 vendor still exists. This report gives an overview on what is happening on Nokia. It includes the history‚ and a brief introduction to Nokia followed by the company organization. Half way through the report you
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