Essays on The Nature of Competition Facing Nokia Company Assignment

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The paper "The Nature of Competition Facing Nokia Company" is a perfect example of a business assignment.   The purpose of this report is to critically analyze and evaluate the strategies adopted by global Smartphone providers using different secondary and primary information taking Nokia Company as the case study to use. Likewise, the paper will further analyze the nature of competition facing Nokia Company from other emerging new mobile operating systems entering the mobile market and determine the impact the competition has on Nokia’ s Smartphone market share and income. Moreover, the paper will examine the concept of strategic alliances and global competitiveness using Nokia as the case study to determine the impacts of the alliances and recommendations necessary for the company to remain on top of the competition by being branded as a giant firm in the production of cell phones globally.

The paper will also examine Nokia’ s organizational culture, leadership and competitiveness and the impact these have had on their production and sales processes. Lastly, the paper will provide a personal reflection of the learning outcomes achieved from engaging in the assessment by a leaner by highlighting things achieved or added to the knowledge one already had on the subject of Smartphone.

Question 1: Critically evaluate the nature of the industry competition facing Nokia from new mobile operating systems entering the market e. g. iOS and Android (Refer to Exhibit 2 for competing platforms to Symbian). The cell phone industry has been one of the fastest-growing industries in the late 90s and the growth rate has been multiplying over the years. The market structures which the cell phones have been operating has for a long time been referred to the as oligopolistic market structure but since had gradually turned into a monopolistic market structure.

In the oligopolistic market structure which was there before, very few companies and one of them included Nokia that had globalised to known in practically every corner of the planet. This is because the company was known for selling homogenous or differentiated products. However, the turn in the market and the increase of competition for such firms as Nokia came into place with an easy entry and exit market similar to addressing various features we witness today of a market that is monopolistic in its way(Wit & Meyer, 2010).

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