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What are the external factors of the Nokia deal?
There are slumps in the company’s development with its Windows Lumia range of smartphones because of constant competition from rivals Android and iOS. After discussing the internal factors of SWOT analysis of Nokia, let’s shift our focus towards external factors: The Microsoft-Nokia deal is a win-win situation for both companies.
Which is an example of a SWOT analysis?
“A SWOT analysis is a planning and brainstorming tool that helps people evaluate an idea or project for a business or formulate a business plan (Harmon, 2015).” The meaning of SWOT is Strengths, Weaknesses, Opportunities, and Threats.
What are the strengths and weaknesses of Nokia?
Many of Nokia’s products are easy to use and are usually coupled with a variety of handy accessories. Products offered by the company are available in all price ranges. The next part of SWOT analysis of Nokia is their weaknesses: The company, though, is often criticized for poor after sales services.
Why did the profits of Nokia go down?
Some of Nokia’s products are not affordable for middle and lower class consumers, which often affects their searches negatively. The Finnish mobile company has made comparatively lower profits due to drop in sales that result from tough competition. According to statistics, the company’s profits have fallen by 7% in the second quarter of 2014.
Last Update: Oct 2021
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