NOKIA- OBJECTIVES,PROBLEM AND SOLUTION
Nokia is a leading electronics company engaged in the fields of network infrastructure, location based technologies and other advanced technologies. With its headquesrters in Espoo, Finland Nokia has developed into a multinational company with its operations spanning across internaitonal borders.
Nokia has three fields of expertise:
Nokia Networks which form a part of their infrastructure business;
HERE, which consists of the location intelligence business; and
Nokia Technologies who’s main priority is to focus on technology development and activities related to intellectual property rights.
The company’s focus has been on developing large scale telecommunications infrastructure, technology and licensing. It
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Manufacturing low cost phones with latest technologies to challenge the existing leaders in the market and regain its lost ground.
7. To achieve maxmu levels of cusomter satisfaction through best products and service to win the customers' faith and trust and gain their loyalty in the longer run.
Nokia controls 85% of the world’s Windows phone market. The biggest competitor of Nokia being Htc followed by Huawei and Samsung. The main aim of the agreement with Micorsoft was to regain its lost hold from the market and regain the strength of its brand built over the years.
Although being a stronger company as compared to what it was in 2011 Nokia is yet again standing on a burning platform. Despite owning almost all Window Phone sales and making some great phone hardware, Nokia is not even in the list of top 5 smart phone sales companies. Nokia is the only company majorly invested in the windows phone and Microsoft’s OS. The Lumia 920 and Lumia 1020 were not only the first top model windows based phone but also had the best camera phones in the market regardless of their operating system. Nokia wants to become the first in all major categories and right now it virtually has no competition in Windows
In ancient times, the tribes and civilizations got through life with the technology they had. It was very difficult to even plant a field of corn. These people got their jobs done with less efficient tools, but in today’s world, we have better technology and tools. Document 1 is talking about a plant that had many uses. Some of these uses included being used to fence a field, use as firewood, use as a plate for dinner, use as roof tiles, and to make clothes.
Because Xiaomi´s products are so much more affordable, the market for high-end phones have changed. With their convenience and affordability, Xiaomi basically created a new mass market for smartphones in the emerging countries they´ve expanded
As a company dominated by and mostly of engineers, Nokia always cared about technical excellence. They developed a particular strength in making quality hardware even for the low-priced devices. As the company grew, Nokia also became more and more efficient in manufacturing their devices. Thanks to economies of scale and superb logistics, they were able to produce cheaper and quicker than their competitors and thus had a strong competitive advantage in the production of mobile phones. This wasn't an easy development and they had to go through a severe crisis in logistics and sourcing before to establish their competitive advantage.
For example, the Nokia N-series is for the segment of students and teenagers. Nokia competes with blackberry through their E-series which offers a range of business phones, targeting the segment of corporate professionals. On the other hand Nokia also provides a range of premium and luxury phones by the name of “Vertu”, which targets the higher social class segment in the market. Positioning:
Today, almost every person caries a smart phone with them and some can’t survive the day without it. There are many companies and manufacturers who build smart phones like the popular ones such as Htc, Nokia, Samsung, Apple, Huawei, Motorola, Sony and many more, but what makes those companies not alike are the phones they release through the years, but are they that different? To compare, let us take an example of two leading rival companies in the field of smart phones, Samsung and Apple, who newly released their flagship devices, the Samsung Galaxy Note 4 and the Apple iPhone 6 plus. The Samsung Galaxy Note 4 features a 5.7 inch Super Amoled touch screen, a 16 megapixel back facing camera, an octa core processor with 3 gb of Ram and a 3220 mah battery whereas the Apple iphone 6 plus comes with a 5.5 inch retina display touch screen, an 8 megapixel back facing camera, dual core processor with 1 gb of Ram and a 2915 mah