Decline of sale of well-known cell phone company - nokia

Assignment Help Business Management
Reference no: EM131667500

RESEARCH IN BUSINESS

PROJECT TOPIC

Decline of sale of Well-known Cell phone company "NOKIA" in the market

An Analysis of the Factors Impacting for the Decline of Volume of Sales in NOKIA Company

Problem Statement

NOKIA was once a leading cell phone company having highest sales rate in 90's decade and experienced a massive downfall in its sales. This was all due to market was saturated and telecom companies are delaying the introduction to new technologies as claimed by (Mukusa, 2013). Several reason are claimed by (Mukusa, 2013) , (Singh, 2014) and other explorers about the failure of the Nokia in the market. Nokia was dominating all the arch rival companies in from 1990 to 2000 with its highest selling rate of mobile phones accounting to approximately 32 million (Statista, 2016). With the same dominating competencies it has reached its highest amount of sale rate in 2007 with 120 million phones worth 42.45-51.06 billion euros (Rossof, 2016), (Statista, 2016). Apart from highest sales, Nokia experience downfall from 2009 and reached its lowest sales rate at11.76 million in 2014(Rossof, 2016). This investigation explores the reasons behind the downfall of sales and analysis based on quantitative and Qualitative data analysis methods(Fromer, 2015). Data collection methods used for this investigation are online sources, reports and articles.

Verified Expert

In this assignment I prepare a Project Proposal on research topic: Running head: An Analysis of the Factors Impacting for the Decline of Volume of Sales in NOKIA Company. This research proposal include introduction, problem statement, Research methodology, data analysis, data collection and literature review of topic. Research proposal budget plan is also included in this assignment.

Reference no: EM131667500

Questions Cloud

Case study of industrial espionage through social : North Korea and the Sony Hack A Case Study on Stuxnet and Flame Malware WikiLeaks: Case Study for Cyberwar?
The main strengths of each element of the promotional mix : What are the main strengths of each element of the promotional mix? Identify a weakness or disadvantage for each element of the promotional mix?
What are the rewards and penalties for performance quality : Conduct some preliminary research on the initiatives and formation of one ACO in any state of your choice.
Interfere with people food choices : Should government interfere with people's food choices? Please support and explain your position in a well developed essay.
Decline of sale of well-known cell phone company - nokia : BUSN20016 - Decline of sale of Well-known Cell phone company NOKIA in the market - An Analysis of the Factors Impacting for the Decline of Volume of Sales
Compute the cost of goods sold for income statement : Compute the cost of inventories of X, Y, and Z for balance sheet purposes and the cost of goods sold for income statement purposes as of December 31, 2017.
Three regions in which your athletic company operates : New Shoe simulation offers three regions in which your athletic company operates. Which strategies would be suited to meet the needs of your foreign market?
Reflect on your personal current sense of power : What can you do to develop your individual power base? This week, you have heard and read about several types and sources of power.
What are the critical issues involved in affirmative action : What are some of the critical issues involved in affirmative action? How might affirmative action be improved?

Reviews

inf1667500

1/4/2018 4:19:26 AM

I truly appreciate expertsmind. This site is extremely useful and the guides are wonderful! I have finished my assignments utilizing this site and have received absolutely great evaluations.

inf1667500

11/16/2017 4:41:57 AM

use this file 25362283_1ass 3.docx 25362283_2BSNS20016 - Example 1.pdf 25362283_3BUNS20016 - Example 4.pdf 25362252_1BUSN20016 - Main Instructions.pdf please go through the file I have just added here for my both assignment

len1667500

10/3/2017 5:19:20 AM

Well framed problem statement but requires further expansion Take this to data collection section You need to reorganize the methodology into Literature review, Data collection Method and Data Analysis Method Criteria Total marks Marks Obtained 1. A brief statement of the problem 15 11 2.Research aim and objectives 3. A brief methodology 4. Accurate referencing, use of correct English and logical sequences between sentences and paragraphs 5. Topic presentation (for on-campus students)/ topic discussion on the unit Moodle side (for distance mode students) 5 4.5 Total = 20 15.5 Penalty for late submission (5% reduction for each day of late submission) Penalty for high level of Turnitin similarity (Marker/UC decides) GRAND TOTAL = 15.5

Write a Review

Business Management Questions & Answers

  Rolodex and credibility among the client accounts

Justin works as a sales associate for a well known Fortune 100 research company. Aware that he has a good rolodex and credibility among the client accounts he services, a smaller research company tries to hire him. What can the Fortune 100 company..

  What are the ethical and legal issues depicted in the movie

What are the ethical and legal issues depicted in the movie, John Q? Describe John's decision-making process and identify the various factors and outside stakeholders who influenced his decisions.

  Responsible for the quality of work

"A manager is of the view that he is not responsible for the quality of work that he has delegated to his subordinate". Do you agree with his view points? Justify your answer by giving arguments.

  Discuss the overall impact of your recommendation

Discuss the overall impact of your recommendation to structure of the organization. How each consideration would alter overall structure of the organization.

  Contributed the most to the chi-squared test statistic

Which of the flavors contributed the most to the chi-squared test statistic?

  Illustrate what leadership approach would you have taken

Based on the Hersey-Blanchard theory, should Terrill have been less participative? Should he have initiated more task structure for the engineers? Explain.

  Describing the challenges businesses have in securing data

Describing the challenges businesses have in securing data in today's technological environment and what businesses should do to mitigate or minimize risks?

  Would the market reaction to the barron article

Do you think the company's poor disclosure prior to 1983 made it vulnerable to the attack by Barron's? Would the market reaction to the Barron's article have been different if the company had a better disclosure policy?

  Identify the available conflict management strategies

Identify the available conflict management strategies and their strengths and weaknesses and conflict management strategies is most appropriate for the current situation with David and James? Provide your rationale, including what factors you consi..

  Explain at least two major opportunities of the organization

For this assignment you will research the opportunities of your organization and provide a detailed paper on your findings. Research and thoroughly explain at least TWO major opportunities of the organization

  Preparation of data for submission

A medical clinic discovers that its software had been discarding modifiers entered during preparation of data for submission to one of its third-party payers for reimbursement.

  Determining the immediate payment

Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd