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Entrepreneurship
C/B/265. Nokia business strategy analysis
- WORDS:
- 2800
- DATE:
- 2005
- PRICE:
- 29.99 GBP
This paper performs analysis of business strategy of Nokia, its recent changes and direction towards its corporate goal. The PEST framework was applied to analyse Nokia's fit to competitive environment changes. The competitive position was defined through mapping and the positioning approach was evaluated by the analysis-choice-implementation framework. Porter's generic strategy helped to evaluate Nokia's strategic choice for either differentiation or low cost. In the conclusion part the paper makes concluding remarks about Nokia's strategic direction and gives recommendations for the strategy improvement.
KEYWORDS: nokia, business, strategy,
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