Nokia 5 Force Model

Nokia 5 Force Model

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Google automatically generates html versions of documents as we crawl the web. Nokia Zach Abraham Alf Vennatro Henrik Roe Arttu Larkka Dr. Chung-Shing Lee BUSA 499 December 14, 2007 Executive summary Table of contents Nokia Corporation {text:bookmark} {text:toc-mark-start} {text:bookmark} {text:toc-mark-start} {text:toc-mark-end} {text:toc-mark-end} 1. Company overview {text:bookmark} {text:toc-mark-start} {text:toc-mark-end} 2. Mission and objectives of Nokia Today, Nokia’s mission is to expand its interests into new areas of businesses that drop outside of the company’s present core business units (Nokia, Mission, 2007). September 17, 2007 Nokia agreed to buy a cellphone-ad firm, Enpocet (Sharma, Bryan-Low, 2007). Less than two weeks later, on October 1, 2007, Nokia agreed to acquire high quality electronic mapping provider, Navteq (Bryan-Low, 2007). These acquisitions are part of Nokia Chief Executive Olli-Pekka Kallasvuo’s efforts to push Nokia into the software and services company. Nokia has always been innovative and constantly been renewing its core businesses. The company’s fundamental objectives are exploration, experimentation, and objective that Nokia is not the only innovative company in the industry (Nokia, Mission, 2007). These objectives have kept Nokia in a continuous stage of growth and made it possible for the company to earn remarkable profits. “We are living in an era where connectivity is becoming truly ubiquitous. The communications industry continues and the internet is at the center of this transformation. Today, the internet is Nokia’s quest.” (Nokia, Vision and strategy, 2007) Regardless of Nokia’s goals to renew the company, they still keep hold of their broad vision, “Life Goes Mobile” (Nokia, Mission, 2007). {text:bookmark} {text:toc-mark-start} {text:toc-mark-end} 3. Problem statement By expanding its business into mobile softwares and...

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