Professional Documents
Culture Documents
Presentation is prepared by
Dept. of Tourism & Hospitality Management Faculty of Business Studies University of Dhaka
Topic
International Business
I B
Finnish multinational communication corporation headquartered in Keilaniemi, Espoo, a city neighboring Finland's capital Helsinki. It is the world's largest
Contd
engaged in the manufacturing of mobile devices and in converging internet and communications industries
global annual revenue of over 42 billion and operating profit of 2 billion as of 2010.
OMX:NOK1V, NYSE:NOK, FWB:NOA3 Telecommunications, Internet, Computer software Tampere, Finland (1865), incorporated in Nokia 1871 Fredrik Idestam, Leo Mechelin
Mobile solution Mobile Phones Market Nokia Siemens Networks Navteq Symbia Vertu Qt Development Frameworks
www.nokia.com
Click to edit Master text styles Second level Third level Fourth level Fifth level
History of Nokia
Pre-telecommunications era
The predecessors of the modern Nokia were the Nokia Company, Finnish Rubber Works Ltd, and Finnish Cable Works Ltd. Nokia's history starts in 1865 when mining engineer Fredrik Idestam established a ground wood pulp mill in the town of Tampere, in southwestern Finland.
Industrial conglomerate
At the beginning of the 20th century, Finnish Rubber Works established its factories near the town of Nokia and they began using Nokia as its product brand.
foundation of the electronics section of the cable division in 1960 and the production of its first electronic device in 1962.
Telecommunication s era
In 1967, the electronic section was separated into its own division and began manufacturing telecommunications equipment.
Networking equipment
In 1970s, Nokia developed the Nokia DX200, a digital switch for telephone exchanges.
Involvement in GSM
Nokia was one of the key developers of GSM (Global System for Mobile Communications), the second-generation mobile technology Nokia delivered its first GSM network to the Finnish operator Radiolinja in 1989 In 1992, the first GSM phone, the Nokia 1011, was launched
I n n
h t e h 1 e 9 8 1 0 9 s 8 0 N s o , k N o a k s c a o m
Acquisition
Cont
l also invest into the Series 40 platform and e a single MeeGo product in 2011.
Vision
Mission
Connecting people
Goal
Strategy
Nokia has recently outlined its new strategic direction, including Plans for a broad strategic partnership with Microsoft Focused investments in next-generation disruptive technologies A new leadership team and organizational structure
Strategy contd..
ining future as the ds leading mobile facturer leadership team, operational structure overnance to drive the change in gy
The most common reason for the expansion is to earn more money.
Structure
Click to edit Master text styles Second level Third level Fourth level Fifth level
Marketing principle
Customer satisfaction Customer perception Customer needs and expectations Generating income or profit Making satisfactory progress
Marketing Mix
Click to edit Master text styles Second level Third level Fourth level Fifth level
Product
Variety: In every series of Nokia there are large numbers of sets with large variety. Quality: Nokia gain brand personality and market shares of 35% because of its quality.
Price
Prices start from mere tk.1800 to more than tk.50,000 to suit all class of people. also offer cash allowances skimming price strategy Penetration Pricing
Place
Nokia products are available at Nokia gallery Established mobile phone dealership Retailers & other electrical products suppliers
Promotion
Advertising Personal selling Sales promotion Public relation Road shows
Advertisement
people
Nokia Recruits the high quality staff and train them appropriately in the delivery of services. Staffs have the appropriate interpersonal skills, aptitude and service knowledge.
Process
Nokia has many customer care service center which are known Nokia Care Center.
Physical evidence
SWOT analysis
k to edit Master text styles nd level Third level Fourth level Fifth level
SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture.
Nokia has largest network of distribution and selling It is backed with the high quality and professional team in the HRD Dept. financial aspect is very strong The product being user friendly
the price of the product Some of the products are not user friendly. after sales service is not good.
wide range in products, features and different price range for different people
standard of living in India has increased the purchasing power of the people
emerging of other mobile companies in the market . The companies like Motorola, Sony Eriksson etc. providing cheap phones, new features, new style and type, good after sales service etc.
PESTLE ANALYSIS
PESTLE is a tool that helps analyze the overall business context covered of an organization:
It covers..
Politic al Econ omic Soci al Technol ogy Le gal Environm ental
Political
includes all that is in relation to the government and policies. acquires resources from government such as the economical, scientific and technological policies. The success of Nokia has obtained the resources from the Finnish policies which assist Nokia to advance its products.
Economic
positiv e impact on the Finnish econo my. develo pment of hundre ds of its partner s and subcon tractors . 24500 employ ees only in Finland which implies that Nokia accoun t 1.1 per cent of total
Social
Relationship between Nokia and the rest of the world is very strong committed to supporting various communities trough donations, sponsored programs and partnerships
Technology
investing heavily in R&D to come up with last technologies. They want to offer the best to their customers and show that they will always come up with sophisticated items by creating different types of products every year.
LEGAL FACTOR
s and technology
ENVIRONMENTAL FACTOR
Environmental impact of suppliers products and processes Environmentally ethical considerations amongst suppliers Life cycle impact of products throughout the supply chain
4 Vs
ume
ety
ation
bility
ply chain
Nokia doesnt sale its cell phones directly to individuals, they sale them through operators such (Bouygues, SFR,
Nokia in Bangladesh
Social responsibility
To the customer To the employee s
To the customer
Customer satisfaction Accessibility Responsible product and service use Privacy and security Product development Handsets and health
To the society
Mobile technology for development
Youth development
Disaster relief
To the employees
Embedding values Labor practices Training and development Rewarding performances Consultation and communication Reorganization Health, safety and well-being
To the environment
Products and services Operators Environmental management