Business Strategy Nokia Corporation Case Study Example | Topics and Well Written Essays - 1750 words

Business Strategy Nokia Corporation - Case Study Example In addition, it provides recommendations and suggestions as how to employ the internal and external strengths, overcome the weakness, make use of the opportunities and identifying the potential threats in time and take preventive measures in time. Nokia Corporation is a Finland based company incorporated in the year 1966. The major breakthrough came when Nokia made an entry into the consumer electronics market. Through its remarkable internationalisation policies, Nokia over the years has evolved as the leading manufacturer of mobile devices and mobile networks across the globe. However from a humble start with paper, rubber and cable manufacturing, consumer electronics brought about a major reorientation of the company. It was towards the end of the twentieth century that Nokia aggressively started implementing expansionary policies in different electronic product areas. Over the next twenty - twenty five years, Nokia actively made acquisitions and divestments in an effort to internationalise and growth. In the year 1995, Nokia recorded revenue of a whooping FIM 36, 810 million of which 99 percent came from the electronics business: mobile phones, telecommunications and consumer electronics. (Lindell L. and Melin L., 1996) Today Nokia operat... It has a plethora of products and services to offer to consumers. Though its primary business area is manufacture and sell of mobile phone handsets, it also provides services to that help to protect a business from foreign intrusion, improve workforce communications and voice solutions. (About Nokia, 2009) The determining factor of Nokia's success in the consumer electronics industry is its timely identification and exploitation of business opportunities. Nokia's acquisition strategies played a major role in bringing about a remarkable corporate transformation. Between the period 1983 and 1992, Nokia made five well planned and strategised acquisitions of European companies. 1983 Salora (Finland), Luxor (Sweden) 1987 Oceanic (France) 1988 Standard Electric Lorenz (Germany) 1988 Main plants: Bochum (Germany) and Ibervisao (Portugal), with six other plants supporting the manufacturing of TV sets 1992 Finlux (Finland) In the 1970s when Nokia had just entered the computers manufacturing industry, another opportunity to expand in electronics appeared. There was a sudden creation of demand for a new type of portable radio telephone by the Finnish army. Eventually the three companies that got the order of manufacturing were Salora, Televa and Nokia. Salora was much ahead of its two counterparts in its Research and Development activities. In view of this, Nokia strategically approached Salora and for a joint venture initiative in the radio telephone business. (Lindell L. and Melin L., 1996) However in the 1970s Salora was forced to relinquish their ownership due to unethical business practices. After years of ill fate and business blunders, Nokia acquired 18 percent of the shares in Salora, however it

Stalinism and Leninism Essay Example | Topics and Well Written Essays - 1250 words

Stalinism and Leninism - Essay Example There is no generally accepted point of view. The adherents of the continuity theory believe that Stalinism was the direct continuation of Leninism whereas their opponents do not (Evans, 1993). Paradoxically but they use the same citations and rhetoric to approve their believes. Stalin was a deserving successor of his teacher and comrade thus many phenomena of Stalinism had their roots in the theoretical postulates proposed by Lenin. Such conceptual views like democratic centralism in the governing, expectation of international revolution, and single party rule (ibid) are characteristic both for Leninism and Stalinism. However some Stalin's contributions are distinctive of Lenin's views. Thus he supported thesis of the possibility to built socialism in one country, and developed the theory of "aggravation of the class struggle along with the development of socialism" (Stalin, 1933). The critics of Stalinism (e.g. Leon Trotsky and his followers) as well as the historians Discontinuity who support alternative theory argue that Stalinism discontinued the development of Lenin's ideas. Lenin proposed the rule of party and dictatorship of the revolutionary proletariat while Stalin replaced this thesis with the absolute power of party leader. Theoretical achievements of Stalin's works were non-significant thus Stalinism is more related to the style of governing than to true political theories (Fitzpatrick, 2000). Some researchers found the relation between the traditional Russian autocracy (Tzar's government) and Stalinism (Kotkin, 1997; McCauley, 2003). They consider that Stalin adopted traditions to the new ideology and built the cult of own person. Contrarily Lenin never emphasized his own role in the Bolsheviks party. Of course, many features of Stalinism could be linked to the trends occurred during Lenin's rule. Thus Red Terror developed the tools and infrastructure for the further repressions. Lenin wrote in 1917 "One out of every ten idlers will be shot on the spot". He gave hundreds orders for repressions and murders but he never use his weapon and deterrent against members of his party - they could be exiled from Russia but their lives were preserved. Nevertheless the idea of political control through terror is related Lenin. "It was Lenin who laid the police state foundations which made Stalin's monstrous feats technically possible" (Leggett, 1981, cited by D02C143HP, 2003). Stalin was not too liberal, he "killed more Communists than Hitler, Mussolini and Franco together. He destroyed Lenin's Bolshevik Party and murdered all its leaders" (Woods, 2004). During the "purges" thousands of people were expelled from the Bolshevik Party and then arrested, imprisoned or persecuted later. But the number of Stalinism victims was estimated at the millions. They put their lives to the basement of Soviet Empire and its leader, Stalin. There is interestingly that Lenin understood the dangerosity of his comrade, Stalin, for Bolshevik Party. He wrote in his Testament: "Comrade Stalin, having become General Secretary has immeasurable power concentrated in his hands, and I am not sure that he always knows how to use that power with sufficient control" (Lenin, 1922) Lenin and Stalin demonstrated different approaches in the economic policy of Communist State. Vladimir Lenin introduced the New Economic Policy and restored the agricultural and industrial