insists. A nation’s competitiveness depends on the ability of its industries to innovate. Porter introduces the concept of “the diamond of national advantage” - a system that some nations establish for its industries that facilitates innovation by companies within the industry. The four broad attributes of a nation that constitutes the “diamond” are factor conditions‚ demand conditions‚ related and supporting industries and firm strategy‚ structure and rivalry. In the article “Finland-and-Nokia:Creating-the-World’s-Most-Competitive-Economy”
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NOkia Organisation structure at Nokia Introduction Nokia is an international producer of computer software‚ internet and telecommunication equipment‚ it is one of the major candidates competing in the smart phone industries (Studymode2013). Dominating the market around 15 years‚ Nokia was perceived as the more dominant and relentless brand within its industry. However‚ due to a number of problematic issues within the company‚ Nokia was forced into making implosive and drastic design resulting
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The Nokia Revolution The story of an extraordinary company that transformed an industry Dan Steinbock Presentation by: Selina Beelaerts & Meena Mallipeddi 1 *Note: It should be understood that the company now known as “Nokia” did not exist in its present form until the 1990s. However‚ for simplicity’s sake‚ we will be referring to the predecessor companies as “Nokia” as well. Outline • Introduction • Background: Nordic Cooperation & Nokia’s Postwar Consolidation • Nordic Cooperation
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Case study: Finland and Nokia 1. How was Finland able to move from a sleepy economy to one of the most competitive nations in the world by the end of the 1990’s? Finland was considered a sleepy country even after their independence from Sweden‚ depending its economy mainly on the Soviet Union by exporting its natural resources. Finland however slowly but constantly developed its economy up to the OECD average‚ following the models of its Nordic neighbors to invest highly in social welfare and
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Features of a publicly traded company A publicly traded company‚ in essence‚ is a company that that trades its stocks in the public market. Examples of the public market are the stock exchange and over the counter market. A publicly traded company is also known as a public company. In a public company‚ the shares and stocks are not limited to a particular group of people; the stocks can be bought by anyone from the public. A public company is however required to have a minimum of two directors
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the respondents are between 30-35 age group‚16% of the respondents are between 35-40 age group‚12% of the respondents are below 25 age group and 8% of the respondents are above 40 age group. Nearly 40% of the customers are using nokia mobile phones are within 25-30 years of age 4.1.1 AGE WISE CLASSIFICATION [pic] 4.2 SEX Sex also play a vital role in usage of Mobile phones . satisfaction level varies between both the sex. Table 4.2 shows the sex wise classification
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1.1 The Morph concept The “Nokia Morph” is a theoretical future device based on nanotechnology that might enable future communication devices. It is intended to demonstrate the flexibility of future mobile devices‚ in regards to their shape and form allowing the users to transform them according to their preference. It demonstrates the ultimate functionality that nanotechnology might be capable of delivering i.e. flexible materials‚ transparent electronics and self-cleaning surfaces. It also features
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Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Submitted By: Rabia Siddiqui Date: 23rd Mar 2015 Mission Statement of Nokia: Nokia Corporation defines its mission to connect people through mobile phone technology and quotes its mission statement as follows; “Our strategic intent is to build great mobile products our job is to enable billions of people everywhere to get connected.” Operations Management Mission of Nokia: Nokia Goals and objectives in the market are as follows: To build great mobile products. To help people feel
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.................................................................................. 2 Introduction: ........................................................................................................................................... 2 Objective of the Study: ............................................................................................................................ 4 Scope of the Study: ..................................................................................
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