External and Internal Environments Research Paper

External and Internal Environments - Research Paper Example However, the sales of the Nokia products take place in around 150 countries. The company is the second best producer of mobile phones and makes annual revenue of approximately thirty eight billion pounds. The company’s market share is around 22.5 percent (Luo, 2000). One of the general environments that affect Nokia Company is international. This factor illustrates those events that are taking place in other foreign countries. The dimension of international type of environment influences many other factors of the external environment of a company. These factors include the coming up of new customers, competitors, the reliable suppliers, social shapes, trends of the economy and technology. Nokia Company has an obligation to compete with other companies globally. Samsung Company is one of the competitors that have outweighed Nokia Corporation from being the best vendor as from the year 1998 to the year 2012. The coming up of smart phones which are made by other vendors, has redu ced the market share of Nokia Corporation. To solve this problem, the company made a strategy to collaborate with Microsoft Company so that the mobile phones (smart phones) produced will have an operating system incorporated by Microsoft’s phone type of windows (Mimoun, 2009). ... In case the company does not lower its prices, then it has to increase the features of its products. Comprehensively, when similar products from different companies have varying costs in that one company sells at a lower price, and the other one sells at a higher price, the one with the lower price will be the consumers preference and choice. Therefore, Nokia Company must do something worth either by decreasing the prices of its products or improve the quality of the mobile phones (Steinbock, 2010). This will help the corporation increase its share in the market. Another general factor of environment that affects Nokia is technology. Technology is one of the most developing things in the world. Several companies are coming up with new, innovated technology in the industry. Coming up of newer phones with a high level of technology, affects the industry greatly. Nokia Corporation has to ensure that it involves many innovations and advancing of technology, by embracing any change to ens ure that the products are in the same level with the technological growth. Many companies have come up with better-advanced technology level. These companies include Samsung and other producers of smart phones. Therefore, if Nokia will not be more creative and strategically improve the technology of its products, it will loose to its competitors (Daft & Marcic, 2010). In every business, there are major internal factors that affect it either positively or negatively. These factors are those that are within the organization itself. Capital is one of the factors that affect Nokia. For the corporation to do innovation and advance technology, it requires large amounts of capital. Fixing new soft wares and features in the mobile

Consider East Africa and its extensive trade route. Why is it Essay

Consider East Africa and its extensive trade route. Why is it important What does it say about the impact of Africa in the world What does it say about ancient Africa Pick your one focus, go deep - Essay Example Aksum and the Swahili Coast were the first to be mentioned as the important trade regions. The coast of East Africa is a part of extensive trade networks throughout the Mediterranean Sea and Indian Ocean. Aksum was located in Eritrea and Ethiopia. It is remembered for its splendid stone monuments, gold coins, and elaborate palaces (Ade-Ajayi 80). In the sixth century, the Aksumite kings extended their empire to the southern Arabia. International trade developed in that region where markets were established in urban areas concentrated along the coast regions full of wealth and power. The merging of Arab, African and Indian peoples along the coast of East Africa produced Kiswahili language and Swahili culture. Ivory, gold and slaves were the goods that were traded globally along the Swahili coast. The negative effect of the existence of the East African trade route was the slave trade. The slave trade was conducted by both Europeans and Arabs. European slave traders came in the 17th century, taking the African slaves into the islands of America and Indian Ocean. The slave trade in Africa caused social disruptions among people, depopulation of certain regions, and increasing of violence, as a result, of firearms trade (Ade-Ajayi 85). The slave trade ended later resulted to a justification for European colonizing the East Africa. Europeans began exploring East Africa in the 15th century. Vasco de Gama and other Portuguese explorers started the connection between the Europe and African Coast that later lead to centuries of trade and domination of Africa by Europeans. Other explorers came later including Christian missionaries. When the slave trade was deemed as illegal, Europeans had engaged into other types of trade (Ade-Ajayi 89). The industrial revolution in Europe needed cheap raw materials for its factories in which East African colonies provided large quantities of agricultural goods,