Downfall of Nokia Empire in Global Market | Business Research

BUSINESS RESEARCH
Downfall of Nokia Empire in Global Market
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Contents
Detail statement of problem.......................................................................................................3
Research aim, Objectives and research questions......................................................................4
Justification and Potential output of the research......................................................................5
Conceptual framework...............................................................................................................6
Research Methodology.............................................................................................................10
Organization of the study.........................................................................................................11
Project Budget..........................................................................................................................12
Project Schedule.......................................................................................................................14
References................................................................................................................................15
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Detail statement of problem
This business research is related to the downfall of Nokia. As Nokia was one of the leading
company indulged in the business of selling mobile phones. This company beat up the
Motorola Company, which launched the first mobile phone in the market. Nokia has seen
success, as the mobile phones launched by the company were appreciated by the customers.
Later, due to lack of innovation and outdated technology, Nokia began to fall in the market.
This place is conquered by the iPhone and other mobile companies. This research will be
done to study the reasons behind the fall of such a big and successful company.
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Research aim, Objectives and research questions
Research`s main aim is- “To analyze the factors which cause downfall to Nokia empire”
Research’s objective is to accomplish the aim of research. The main objectives of the
research are-
 To assess the reasons behind failures of Nokia in the global market.
 To explore consumers preference level in regards to Nokia mobile phones.
 To recognize the problems as well as issues related to the downfall of Nokia mobile.
The primary research question is-
“What are the issues or problems which caused failure of Nokia?”
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