Pest Framework for Nokia
1.0 INTRODUCTION
All organization, regardless of whether they are large or small, profit-seeking or not-for-profit, domestic or multinational, use some combination of human, financial, physical and information resources which generally obtained from the organization’s environment to achieve their goals. Al though “organization” is being defined relatively simple but the concept of “Management” is a bit more exclusive. Management is a set of activities that include planning and decision making, organizing, leading and controlling directed at an organizations resources with the aim of achieving organizational goals in and efficient and effective manner.
Now, let us have a closure view on an international well-known organization-Nokia Corporation on highlighting the basic purpose of management including ensuring the organization’s goals are achieved in an efficient and effective manner and perform the following tasks:-
A.) PEST Framework.
B.) Departmentalized by geographic location.
C.) Social Responsibility.
2.0 NOKIA CORPORATION
2.1 Company Background
The roots of Nokia go back to the year 1865 with the establishment of a forestry industry enterprise in South-Western Finland by mining engineer Fredrick Idestam. While in the year 1898, witnessed the foundation of Finnish Rubber Works Ltd, and in 1912, Finnish Cable Works began operations. Gradually, the ownership of this two companies and Nokia began to shift into hands of just a few owners. Finally, these three companies were merged to form Nokia Corporation in 1967.
Nokia is a world leader in mobile telecommunications driving the growth and sustainability of the broader mobility industry, which connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for games, imaging, businesses and media.
Nokia comprises 3 business groups: Mobile Phones, Multimedia and Enterprise Solution.
All organization, regardless of whether they are large or small, profit-seeking or not-for-profit, domestic or multinational, use some combination of human, financial, physical and information resources which generally obtained from the organization’s environment to achieve their goals. Al though “organization” is being defined relatively simple but the concept of “Management” is a bit more exclusive. Management is a set of activities that include planning and decision making, organizing, leading and controlling directed at an organizations resources with the aim of achieving organizational goals in and efficient and effective manner.
Now, let us have a closure view on an international well-known organization-Nokia Corporation on highlighting the basic purpose of management including ensuring the organization’s goals are achieved in an efficient and effective manner and perform the following tasks:-
A.) PEST Framework.
B.) Departmentalized by geographic location.
C.) Social Responsibility.
2.0 NOKIA CORPORATION
2.1 Company Background
The roots of Nokia go back to the year 1865 with the establishment of a forestry industry enterprise in South-Western Finland by mining engineer Fredrick Idestam. While in the year 1898, witnessed the foundation of Finnish Rubber Works Ltd, and in 1912, Finnish Cable Works began operations. Gradually, the ownership of this two companies and Nokia began to shift into hands of just a few owners. Finally, these three companies were merged to form Nokia Corporation in 1967.
Nokia is a world leader in mobile telecommunications driving the growth and sustainability of the broader mobility industry, which connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for games, imaging, businesses and media.
Nokia comprises 3 business groups: Mobile Phones, Multimedia and Enterprise Solution.
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