Business Environment Analysis: Nokia Company Report

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Added on  2023/03/30

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This report provides a comprehensive business environment analysis of Nokia. It begins with an introduction, followed by a SWOT analysis that identifies Nokia's strengths, weaknesses, opportunities, and threats. The report then conducts a PESTEL analysis, examining the political, economic, social, technological, environmental, and legal factors impacting Nokia. It further elaborates on the implications of both SWOT and PESTEL analyses, offering insights into Nokia's strategic position and the challenges it faces. The report concludes with a list of references, providing context and supporting evidence for the analysis. This analysis aims to understand the external and internal factors affecting Nokia's business operations and strategic decisions.
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Business Environment
(TASK-2)
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Contents
Introduction
Swot Analysis
PESTEL Analysis
Implication of SWOT and Pestle
References
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Introduction
Business environment refers to process by which affects all
elements of NOKIA are developed so that all factors must
be implemented effectively.
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SWOT Analysis
Strengths
Strong Global Brand name
Diversified Income
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CONTD....
WEAKNESS
Poor Design
High Employment Cost
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CONTD...
OPPORTUNITIES
Upgraded Features
Expansion Plans
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CONTD...
THREATS
Competition
More Conscious Consumer
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Pestle analysis
Political Factors
Development of policies
Generation of political systems
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Pestle analysis
Political Factors
Development of policies
Generation of political systems
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CONTD...
Economic Factors
Development of national laws and legislations
Development of economic Indications
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CONTD...
Socio- Cultural Factors
Societal norms and cultural traits
Development of social standards
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CONTD...
Technological Factors
Better technologies to be used
Development of effective and efficient techniques.
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