Data Analysis & Interpretation
Data Analysis & Interpretation
Data Analysis & Interpretation
1. INTRODUCTION
2 . HISTORY
3 . INOVATION
4 .MISSION & GOALS OF COMPANY
5 .AN OVER VIEW OF COMPANY
6. COMPETITIVE ENVIRONMENT
7. CORPORATE GOVERNANCE
1 .RESEARCH METHOLOGY
2 .OBJECTIVE OF DATA
3 .SCOPE OF STUDY
4 .DATA COLLECTION METHOD
5. DATA ANALYSIS & INTERPRETATION
Chapter-8 BIBLIOGRAPHY
INTRODUCTION
The Nokia brand, valued at $25 billion, is listed as the 14th most
valuable global brand in the Inter brand Business Week Best Global
Brands list of 2011. It is the 14th ranked brand corporation in Europe
(as of 2011), the 8th most admirable Network and Other
Communications Equipment company worldwide in Fortune's World's
Most Admired Companies list of 2011 , and the world's 143th largest
company as measured by revenue in Fortune Global 500 list of 2011.
In July 2010, Nokia reported a drop in profits by 40%, which turned
into an operating loss of EUR 487 million in Q2 2011. In the global
smart phone rivalry, Nokia held the 3rd place in 2Q2011, trailing
behind Samsung and Apple On 11 February 2011, Nokia announced
a partnership with Microsoft where all future Nokia smart phones will
be powered by the Windows Phone (WP7) operating system. On 26
October 2011, Nokia unveiled its first WP7.5 powered handsets
Lumia 710 and 800. Core innovation strengths within Nokia include
speed of action, interconnection between products and services and
the strategic use of design. Over the past few years, as margins have
been three times those of its nearest competitors, the company has
re-emphasized the importance of design to place it literally at the
heart of the organization’s operations.
At the lower end of the market, Nokia is the leading brand in China
and India and is well positioned for further growth. It continues to lead
on process innovation to drive down cost and is opening its tenth
factory in India with the capability to turn out 20m phones a year.
Nokia’s innovation roadmap weaves its software and services into a
seamless package. Smart acquisitions have increasingly played a
considerable role in this. Seeing that that location and content
services provide major opportunities Nokia bought Navteq, the
leading provider of digital map information for over $8bn in cash.
Nokia expects that the truly mobile internet with multiple connectivity
options that enable faster access to music, video, TV and mobile
navigation and massive multiplayer gaming services will be a major
factor in driving further growth. With overall industry handset volumes
growing, Nokia is in the strongest position of any manufacturer.
Nokia is very, very successful and, in 2006, generated revenue that
for the first time was in excess of Finland’s state budget. Nokia has
always used innovation as a key driver for growth: first, by pioneering
GSM and then by reinventing the concept of product personalization.
These days Nokia’s challenge is to maintain its position in a world
increasingly converged and dominated by the likes of Google and
Microsoft. However, while these companies have strong brands and
interesting plans for the future, they don’t have control over the
handset. Nokia is bundling great services with tailored, user-friendly
hardware. With a billion customers and relationships with hundreds of
operators around the world, Nokia may well manage to hold its place.
INOVATION
The Journey into Telecommunications
New Products
FOCUSING ON TELECOMMUNICATIONS
During the deep recession in Finland at the beginning of the 1990s,
the telecommunications and mobile phones divisions were the
supporting pillars of the Nokia. Despite the depth of the recession,
Nokia came to its feet quickly as the company started streamlining its
businesses. In May 1992 Nokia made the strategic decision to divest
its non-core operations and focus on telecommunications. The
company's 2100 series phone was an incredible success. In 1994,
the goal was to sell 500,000 units. Nokia sold 20 million. It has been
rumored that a group of businessmen tried to offer Nokia to the
Swedish telecom company Ericsson during the recession (1990´s)!
Today, Nokia is a world leader in digital technologies, including mobile
phones, telecommunications networks, wireless data solutions and
multimedia terminals.In the 1970s and 1980s, Nokia developed the
Sanomalaitejärjestelmä ("Message device system"), a digital,
portable and encrypted text-based communications device for the
Finnish Defiance Forces. current main unit used by the Defiance
Forces is the Sanomalaite M/90 (SANLA M/90).
HISTORY
Pre-telecommunications era
Industrial conglomerate
Telecommunications era
The seeds of the current incarnation of Nokia were planted with the
founding of the electronics section of the cable division in 1960 and
the production of its first electronic device in 1962: a pulse analyzer
designed for use in nuclear power plants. In the 1967 fusion, that
section was separated into its own division, and began manufacturing
telecommunications equipment. A key CEO and subsequent
Chairman of the Board was vuorineuvos Bjorn "Nile" Wasteland
(1912–2009), who founded the electronics department and let it run
at a loss for 15 years.
AN OVERVIW OF COMPANY
ACHEIVMENT OF COMPANY
Nokia Market share is continuously increasing
1. Nokia named as one of world’s most sustainable 2.technology
companies
3. Nokia best place to work in Central America and
Caribbean
4. Other awards and accolades
COMPETITIVE ENVIRONMENT
Electronic products such as cell phones impact the environment both
during production and after their useful life when they are discarded
and turned into electronic waste. Nokia is listed in Greenpeace's
Guide to Greener Electronics that scores leading electronics
manufacturers according to their policies on sustainability, climate
and energy and how green their products are. In November 2011
Nokia ranked 3rd out of 15 listed electronics companies, falling two
places due to its weaker performance on the Energy criteria and
scoring 4.9/10.
All of Nokia's mobile phones are free of toxic polyvinyl chloride (PVC)
since the end of 2005 and all new models of mobile phones and
accessories launched in 2010 are on track to be free of ruminated
compounds, chlorinated flame retardants and antimony trioxide.
Nokia's voluntary take-back programmed to recycle old mobile
phones spans 84 countries with almost 5,000 collection points.
However, the recycling rate of Nokia phones was only 3–5% in 2008,
according to a global consumer survey released by Nokia. The
majority of old mobile phones are simply lying in drawers at home
and very few old devices, about 4%, are being thrown into landfill and
not recycled.[176]
All of Nokia's new models of chargers meet or exceed the Energy
Star requirements. Nokia aims to reduce its carbon dioxide emissions
by at least 18 percent in 2010 from a baseline year of 2006 and cover
50 percent of its energy needs through renewable energy sources.
Greenpeace is challenging the company to use its influence at the
political level as number 85 on the Fortune 500 to advocate for
climate legislation and call for global greenhouse gas emissions to
peak by 2015.
Nokia is researching the use of recycled plastics in its products,
which are currently used only in packaging but not yet in mobile
phones.
Since 2001, Nokia has provided eco declarations of all its products
and since May 2010 provides Eco profiles for all its new products In
an effort to further reduce their environmental impact in the future,
Nokia released a new phone concept, Remade, in February 2008.
The phone has been constructed of solely recyclable materials. The
outer part of the phone is made from recycled materials such as
aluminum cans, plastic bottles, and used car tires. The screen is
constructed of recycled glass, and the hinges have been created from
rubber tires. The interior of the phone is entirely constructed with
refurbished phone parts, and there is a feature that encourages
energy saving habits by reducing the backlight to the ideal level,
which then allows the battery to last longer without fre
Corporate governance
RESERCH METHOLOGY
This chapter includes various tools and techniques that are used for
investigation. Methodology includes a systematic way of collecting
the data through sample design, analyzing it, processing the
products and the future over comings
•To know about the brand Nokia and the Samsung their
products, market strategies, values mission adopted in the cellular
companies.
•To know consumer behavior towards Nokia and Samsung.
data, interpreting the data for requirement.
Nokia has the single largest market share in India of 60%and
the we have noticed that Nokia is the only competitor of
Samsung but Nokia’s major competitor is Sony Ericson since
these are very prominent players in the market
SCOPE OF STUDY
Nokia has the si As learning is the human activity and is as
natural ,as breathing despite of the fact the learning is all
pervasive in our lives, psychologists do not agree on
how learning takes place .how individuals learn s a matter
of interest to market
Secondary data:-
Secondary data is collected from sources which contain data that has
been collected and compiled for another purpose. It may be defined
as data that for an earlier purpose other than currently Pursued. The
secondary study consists of.
published records and reports
Technical and trade journals
Magazines and newspapers
Public records and statistics
Related websites
Markets
INTERPRETATION- IN THE WORLD ERUPE HAS THE MAXIMUM
SHARE AMONG THE OTHER MARKET’S OF THE WORLD.
FINANCIAL DEPARTMENT
MARKETING DEPARTMENT
ORGANISATIONAL STRUCTURE OF NOKIA
STRUCTURE OF FINANCIAL DEPARTMENT
HUMAN RESOURCES DEPARTMENT
Nokia: Human Resource Management (HR) – Personnel
management
To maintain a healthy, successful and efficient environment Nokia
collaborates with its employees under the main goal to create an
environment for all its employees where they can fulfill their potential.
Motivation, encouragement and maintaining employees satisfaction
and well-being at work is vital for Nokia to perform at its best. As a
goods manufacturer Nokia collaborates with its employees within
formal and informal networks to allow ideas to be exchanged easily.
To encourage their employees, Nokia has adapted various HR
techniques including pay system, training and developing employees,
and fringe benefits.
Rewards
The total compensation of employees aims to not only maintain a
healthy working environment, but to also fulfill Nokia’s goal to fulfill
employees potential. Nokia rewards its employees for good
performance, competence development, and company success
rewarding higher performance and contribution with higher.
FINANCIAL DEPARTMENT
Finance department
The roots of Nokia go back to the year 1865 with the establishment of
a forest industry enterprise in South-Western Finland by mining
engineer Fredrik Idestam. Elsewhere, the year 1898 witnessed the
foundation of Finnish Rubber Works Ltd, and in 1912 Finnish Cable
Works began operations. Gradually, the ownership of these two
companies and Nokia began to shift into hands of just a few owners.
Finally in 1967 the three companies were merged to form Nokia
Corporation.
Strengths Weakness
Experience – 142 year of N Gage is a flop.
history Low voice quality
Strong financial support for R Less stylish in low priced
& D (1.4 billion USD) products
Largest network of selling & Heavy sets
distribution Market skimming prices of high
Strong customer relation sets
Wide range of products for all Unlike I phone apple, Nokia
class N97 is complex, tough and not
High Resale value compared user friendly
to other competitors
Durability
Long battery life
User friendly
Global Expansion
Opportunities Threats
New growth markets China mobiles – It has made
Other hand held devices exact copy of Nokia N96
Well designed and styled sets Cheap & wide range models
Increase their presence in 3G from Motorola
& edge market Sales may decline due to
Improvise on quality of camera global economic downturn
Mini notebooks I phone apple – A fierce
competitor for Nokia N97
FINDING & CONCLUSION
.
Suggestions given by the people ……..
During our survey we asked the people to give some
suggestions to the compananies there is similar suggestion
for both the companies given by 25peoples that they should not
increase their prices. And 1 suggestions given byonly 1 person
out of 50 that is cellular companies that there should be
somefunction to indicate the person is driving this will not avoid
accidents during.
Bibliography
1. www.nokia.com
2. En.wikipedia.org
3. www.scribd.com
4. www.business-standard.com
5. www.slideshare.com
6. www.moneycontrol.com
7. www.economictimes.indiatimes.com
a) Nokia N-series b) Nokia E-series c) Nokia Music phone d) Dual sim phone
a) Yes b) No
a) Yes b) No
a) Yes b) No
Signature :