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Swot Analysis Of Nokia

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NOKIA

Nokia is one of the leading telecommunication industry. Is is a Finninsh company. It has made its name by providing quality telecommunication equipment and computer software. It was incorporated as Nokia in 1871. It was founded by Fredrik Idestam and Leo Mechelin. Its headquarters are in Espoo, Uusimaa, Finland. And it serves the whole world with its quality products. According to research in 2013 Nokia made a profit of €-615 million. Its total assets worth €25.19 billion and total equity worths €6.46 billion.

SWOT ANALYSIS:

SWOT stands for Strengths Weanknesses Opportunities and Threats.
Strengths and Weaknesses are a part of firm 's internal envoirment. Whereas Opportunities and Threats are a part of firm 's external envoirment. SWOT analysis is done to evaluate the advantages and disadvantages faced by a firm internally and externally. SWOT ANALYSIS OF NOKIA (PHONES)

ANALYSIS OF STRENGTHS

Let’s begin with the first part of SWOT analysis that is strengths:

Nokia name itself is the biggest strength of the firm thus we can say that Nokia has made a large goodwill due to which alot many consumers go for Nokia more than any other brand because of reliability, durability, and creativity its phones.

Nokia undoubtedly has a highly qualified personnel that has joined
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