Corporate Failure: Causes And Effects

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Cairo University Faculty of commerce Business Administration Department Corporate Failure: Causes and Effects By Moataz Sadek Abde-elkareem Table of content Content Page # 1. Abstract 2. Literature Review 3. 4. 5. 3. Research Gap Research Model Research Importance Research Objectives Research questions Research Hypothesis Methodology Research Limitations Research structure References Appendix List of Figures Names of Figures Page# List of Tables Names of Figures Page# Abstract: Corporate failure has continued to control the whole corporate environment around the World. The purpose of this paper is to clarify all possible causes and effects of corporate failure and suggest possible ways by …show more content…

2 However, the year 1988 was according to Häikiö (2001) “annus horribilis” as Nokia-Mobira Oy was in its deepest crises. Palmu-Joroinen who joined the company that year, stressed that these problems and solutions paved the way for Nokia’s latter successes (Palmu-Joroinen 2010). In 1989 the first legal process concerning nine patents were raised in the US by Motorola. This process was settled the same year and Nokia paid Motorola some 20 million dollars, and an important lesson was learnt on how important it is to pay attention to the IPRs when you are among the market leaders (Palmu-Joroinen 2010). In year 1989 Motorola was the market leader with a 20% market share at the same time Nokia’s market share was only 12 % and dropped to 10% in year 1990 (Häikiö …show more content…

Collaboration with universities and knowledge centres was considered utmost important, as were internal education programmes. Nokia played a key role in the shift from NMT to GSM (originally named Group Spécail Mobile, latter capture by Anglo Saxon countries to be labelled as Global System for Mobile Communications). The position of Nokia was reinforced by investments in 1993 in GSM 2+ or GSM 2.5. 1994 was the year that the Nokia 2110 DCT/GSM handset was brought to the market with 618.000 units sold (Häikiö, 2001, p.

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