nokia contents

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Contents 1. Preface 2. Introduction to Organization 3. Mission statement 4. Marketing Objectiv es 5. Target Market 6. Portfolio A naly sis 7. Micro & Macro E nvi ronment 8. Competitiv e A naly sis 9. Marketing strategy 10. Suggestions 11. References Pr eface In this era, w here the technology is grow ing in a  v ery faster speed and e  v ery positiv e change is  bringing new and enhanced features w ith them, the cellular phones are at the  v ery hot issue in this grow ing technology. The technologies in these cellular/mobile phones are enhancing and de  v eloping day by day, including new features of entertainment, and multiple options like imaging facilities, mo  vie/animation features, sound technologies etc.  W hen the technology is the matter, e  v ery consumer/user prefers the latest, best and interacting featured technologies and also prefers these faciliti es in less cost. So, in this  view, there is a  v ery big and fast competition bet  ween man  y compa nies/manufacturers of cellular phones at the world le  v el. Introduction to the Org anization Company  Info rmation: NOK IA  is the world leader in mobile communications backed by its experience, inno  v ation, user - friendliness and secure solutions. It is a  v ery well k now ned compan  y ha  ving its  v ast off ices world w ide. Their specialized product is cellular phones. They ha  v e man  y house hold items as well. Board of Directors:- 

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8/8/2019 Nokia Contents

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Contents 

1.  Preface 

2.  Introduction to Organization 

3.  Mission statement 

4.  Marketing Objectiv es 

5.  Target Market 

6.  Portfolio A naly sis 

7.  Micro & Macro Environment 

8.  Competitiv e A naly sis 

9.  Marketing strategy 

10.  Suggestions 

11.  References 

Preface 

In this era, w here the technology is grow ing in a  v ery faster speed and e v ery positiv e change is 

 bringing new and enhanced features w ith them, the cellular phones are at the  v ery hot issue in this 

grow ing technology. 

The technologies in these cellular/mobile phones are enhancing and de v eloping day by day, including

new features of entertainment, and multiple options like imaging facilities, mo vie/animation features,

sound technologies etc.

 W h

en

 th

etec

hnology 

is th

e matt

er, e v 

ery cons

umer/user prefer

s th

e latest

, best

an

dint

eractin

gfeatured technologies and also prefers these facilities in less cost. So, in this  view, there is a  v ery big

and fast competition bet ween man y companies/manufacturers of cellular phones at the world le v el.

Introduction to the Organization 

Company  Information: 

NOK IA  is the world leader in mobile communications backed by its experience, inno v ation, user-

friendliness and secure solutions. 

It is a  v ery well k now ned compan y ha ving its  v ast off ices world w ide. Their specialized product is 

cellular phones. They ha v e man y house hold items as well. 

Board of Directors:- 

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The current members of Nok ia's Board of Directors were elected at the A nnual General Meeting on 

March 27, 2003. Click here for a short résumé and information on the members' shareholdings. 

Corporate R esponsibility:-  

Being a good corporate citizen means meeting responsi bilities towards individuals, the environment,

and societ y in general. We are mak ing corporate responsi bilit y an integral part of decision-mak ing in 

all parts of our business. 

Financial Factor:- 

Nok ia achie v es excellent prof itabilit y in the f irst quarter 2003 and mobile phone  v olumes grow faster

than market. 

Mission Statement:-  

Man y organizations de v elop formal mission statements that ans wer these questions. A mission 

statement is a statement of the organization¶s urpose²w hat it wants to accomplish in the larger

environment. A clear mission statement acts as an invisi ble hand that guides people in the

organization.

The mission statement of  NOK IA  is« 

³ CONNECTING PEOPLE ´

Goals:- 

The goal of  NOK IA  is ³to be a good corporate citizen w here v er we operate, as a responsi ble and

contri buting member of societ y. We take part in long-term projects aimed at helping young people 

create their own place in the  world, for example through our global youth programs.  ́

Digital Bridging:- 

Digital Bridging is an integral part of e v eryday business. It is also an important part of the compan y's 

Corporate Communit y Inv ol v ement activities that focus on youth and education. 

Mark eting O bjectives:-

 

Marketing objectiv es presents a brief summary of the main goals and the recommendations of the

plan for management re view, helping top management to f ind the plan¶s major points quickly.

In marketing objectiv es, follow ing areas are included« 

y  Current marketing situation 

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y  Threats and opportunit y analy sis 

y  Objectiv es and issues 

y  Marketing strategy 

y   Action programs 

y  Budgets 

y co

ntrol

Organization¶sNetwork : 

Nok ia is manufacturing its products  world  wide in followingcountries« 

· Austria

· Bahrain

· Belgium

· Bosnia-Herzegovina

· Croatia

· Cyprus

· Czech Republic

· Denmark 

· Finland

· France

· Germany

· Greece

· Gulf countries

· Hungary

· Israel

· Italy

· Kuwait

· Lebanon

· Luxembourg

· Malta

· Monaco

· Netherlands

· Norway

· Oman

· Poland

· Portugal

· Qatar 

· Saudi Arabia

· Serbia and Montenegro

· Slovakia

· Slovenia

· Spain

· Switzerland

· Tunisia

· Turkey

· UAE

· Yemen

Target Mark et:- 

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The target market of  NOK IA  is  v ery w ide. Its products are demanded world w ide and are giv en 

preference at an y other cellular compan y in the world. They ha v e comparativ ely low rates than the

other companies and ha v e a  v ery good and interactiv e performance and interesting features, so

 because of these features, people prefer NOK IA  than the other companies.

Specially 

inA si

a, Europe, America a

ndth

e Middle Ea

st, NOK 

IA 

 h

as

a v 

ery big marke

t.It

 is

 manufacturing GSM and AMPS technologies cellular sets w hich are meeting e v ery k ind of consumer¶s 

requirements.

In 2002, Nok ia's largest markets were US, UK, China, German y, Italy, France, UAE, Thailand, Brazil

and Poland. 

Portfolio  A nalysis:-  

The major activit y in srategic management is business portfolio analy sis w hereby management 

e v aluates the business mak ing up the compan y. The compan y w ill want to put strong resources into its 

most

prof it

able busin

ess

an

d ph

ase dow 

nor drop

itsweaker o

nes. 

So w hile analy zing the portfolio of  NOK IA , it was found that its product of cellular phones, especially 

its GSM sets were mak ing more prof it to the compan y as compare to its other products. So the

compan y inv ested more budget in this area and started de v elopment on this area to earn the

maximum prof it. But in the mean w hile, the compan y didn¶t neglected their other products and

inv ested more money on the de v elopment of those products. 

Micro and Macro Environmental Factors Effecting Business 

The actions and forces outside marketing that affect marketing management¶s abilit y to de v elop and

maintain successful transactions w ithin target customers, is called the marketing environment .

Environmental considerations are integrated into e v ery area of compan y life and at e v ery phase of our

products' life cycle. We belie v e in eco-eff iciency and sustainabilit y - to respect nature and the needs of 

future generations. Nok ia's new Environmental Report 2002 states the compan y's understanding of 

the environmental aspects and impacts of its activities.

There are t wo categories of marketing environment: 

1. Microenvironment 

2. Microenvironment 

1- Micro Environment:- 

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Follow ing are the microenvironmental factors w hich affects the compan y : 

y  The compan y  

y  Suppliers 

y  Marketing intermediaries 

y  Customers 

y  Competitors 

y  Publics 

2- Microenvironment:- 

Follow ing are the macroenvironmental factors w hich affects the compan y : 

y  Demographic environment 

y  Economic environment 

y  Natural environment 

y  Technological environment 

y  Political environment 

y  Cultural environment 

Competitive  A nalysis:- 

 V isually, there is no an y key competitor to NOK IA  as comparing its  v ast market and demand, but 

still, we can consider the follow ing companies as its competitors:-

y  Ericson 

y  Motorola

y Sam

sun

gy  Siemens 

y  Son y 

These competitors of  NOK IA  has also a big market, but as compared to NOK IA , we cannot say that 

they can compete this organization at the same le v el of competition. 

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Social Factors:- 

E v ery Nok ia employee has influence o v er Nok ia's performance and reputation in issues of health,

safet y, securit y, employee relations, corporate citizenship and human rights. 

Mark eting Strateg y  

 A s we mo v e into the Mobile World, we remain committed to strong grow th, prof itabilit y and

responsi ble market leadership. 

Strategic Direction:-  

The mobile phone is fast becoming the centerpiece of personal communication, allow ing us access to

an e v er-w idening range of ser vices. Today, we are mo ving from  v oice ser vices to ser vices driv en by 

data and multimedia. 

Business Environment:- 

Nok ia competes in the global telecommunications industry in general and in the mobile industry in 

particular, each of w hich has exhi bited rapid grow th, change and conv ergence in recent years. 

Suggestions 

Though the NOK IA  is the world¶s largest cellular phone compan y and has the  v ery eff icient features 

and facilities but there are some suggestions by me af ter analy zing and researching about this 

compan y.

· It should decrease its prices of the sets so that the sets may become in reach of e v ery user and the

market may increase and become the cause of increasing prof it rate.

· Its spare parts should be a v ailable in its e v ery market.

· There should be replace warrent y in case of defection.

· Memory capacit y should be increased to sa v e the different entertaining materials in the sets.

R eferences 

· Nok ia sales point, Chandni chowk, Murree Road, Rawalpindi.

· www.nok ia.com

· www.nok iausa.com

· www.yahoo.com

· www.google.com

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· www.nok ia.com/dow nloads.htm

· www.nok ia.com/info.htm