Friday, December 27, 2019

Undergraduate Education Adapting to a New World Essay

Undergraduate Education: Adapting to a New World Since medieval times, undergraduate universities have provided the education necessary to fulfill the needs of societies in terms of a professional work force. After completing the liberal arts curriculum taught at medieval universities, students could go on to study medicine, law or theology; but these disciplines could take up to a decade of continuous studies. The students that didn’t want to pursue those degrees could find other lucrative careers that society demanded at the time. Universities broadened the fields they taught to fulfill the always-changing needs for new skills in the workplace. The same way, universities throughout time have always restructured their undergraduate†¦show more content†¦Just as an example, the latest technology in teleconferencing and interactive learning has been just implemented at the Reynolds’ Center here at the UofA. And the College of Business is planing to keep their records electronically very soon. All college grad uates need to be familiar with the changes in technology and have to be able to adapt to the new ones, that is why many of the core classes in the college of business have to do with computers and their use. The Internet as a learning and communication tool has become part of the changes in technology that we, as students, have experienced in the past years. Today almost all information necessary for research can be found on the â€Å"Net†. The library has become a temple for those who either don’t have access to the Internet or their research is so specific it can’t be found on the World Wide Web. Even university and public libraries all around the US have stepped up to integrate their new competitor, the Internet, and make it part of their research options. The need for computer literacy is imperative, therefore if high schools don’t provide it, universities should. Besides the great need for computer literacy in recent years, an internationalization of undergraduate majors has become a common requirement among employers. The use of a foreign language in the work place has increased in the past years and those students who dominate suchShow MoreRelatedU.s. Federal Common Core Standards1196 Words   |  5 PagesWhile in a perfect world the government offices at all levels would coincide perfectly, without conflict, we live in a much more realistic world than that. There have been, are, and will continue to be many conflicts amongst the federal and state governments. Texas, in particular, has dealt with many political issues and laws involving, but not limited to, social, environmental and educational issues. Due to the conservative views that the majority of office seat holders in Texas have, and beingRead MoreThe New Appearance Of Classroom1598 Words   |  7 Pagesof the future of education? The iPod, established in 2003, is the mark that begins a trend for the new appearance of classroom learning at a prestigious institute in North Carolina, Duke University. Faculty Chair Member of the university, Cathy Davidson, author of â€Å"Project Classroom Makeover†, is a responsible party for the birth of the iPod in the classroom at the institution. Davidson’s reason for the selection of the iPod stems from the challenge she wants the undergraduates at the school to riskRead MoreMy Career As A School Teacher1586 Words   |  7 Pagesof birth, Nepal. Then, became college lecture before moving to the UK in 2005. Since 2005, I have been involved in the higher education (HE) practice in the UK in different capabilities, first as a postgraduate student, followed by a research stud ent (PhD), then a post-doctorate researcher and finally a lecturer. I am now involved in delivering a number of undergraduates and postgraduate modules as well as module leader for a postgraduate module on digital image and signal processing (M03CDE). DuringRead MoreThe Second Emotional Challenge Faced By Adult Learner888 Words   |  4 Pagesthat is completed. The adult needs a â€Å"classroom world (that) should ideally connect them with their other worlds.† (Kasworm) It’s important for them to gain knowledge that will help them in their jobs and allow them to put it to practical use or they have a hard time investing in the time necessary. The third emotional challenge surrounds how â€Å"adults focus on their engagement in learning new knowledge, as well as new perspectives and potentially new beliefs† (Kasworm). The adult student is challengedRead MoreLos Angeles : A City Five Hundred Miles Wide And Two Inches Deep1566 Words   |  7 Pagescentury. The reputation of USC has followed a similar trek, from being known as the University of Spoiled Children to Professor Gustafson’s notion of USC as the University of Service to the Community. This change is exemplified in the groundbreaking of a new building, Wallis Annenberg Hall. With over 20 classrooms and encompassing 88,000 square feet, the building demonstrates USC’s progress. Although its detractors claim that Wallis Annenberg Hall was an extraneous and costly venture that reinforces theRead MoreThe Impact Of Telecommunication Technology On Virtual Universities1732 Words   |  7 Pages Impact of Telecommunication Technologies on Virtual Universities Shena D. Sterling IX540: Research Methods for Education and Instructional Technology Professor Kimberly Case December 13, 2014 Introduction Virtual Universities are on the rise and are a legitimate threat to replace the traditional University. The most prominent reason for the current explosion in student enrollment in the virtual universities, are advancements in telecommunications technologies. This paper presentsRead MoreThe Vs. Education : Is There A Correlation?1572 Words   |  7 Pagesntelligence vs Education: Is there a correlation? Intelligence comes from the latin verb intelligere which means to comprehend or perceive. Intelligence is a very difficult word to describe. The average person would just say that it s how smart you are. But what exactly does it mean to be smart? Is it how fast you can add, how could learn something, or what? If you asked a million from people you would probably get a million and one different answers.That s one of if not the main challenge inRead MoreThroughout My Undergraduate Journey At Morgan State University,1135 Words   |  5 PagesThroughout my undergraduate journey at Morgan State University, I constantly heard of the most infamous rumor that has been passed down for decades: Morgan State was ranked with the highest rate HIV/AIDS and 80% of the students attending the university were HIV positive. As a health education major, this did not sit with me well, and I started to conduct some research to prove whether this infamous rumor had any actuality. I wanted to utilize wha t I learned as a health education and promotion majorRead MoreThe Mission Of Uniquely Adapting People Through Business Incubator1331 Words   |  6 Pages 2.1 Mission The mission of Uniquely Adapting People through Business Incubator is â€Å"Intensifying our passions by turning our visions into actions.† 2.2 Goals Preliminary objectives that provide measurable outputs and outcomes to support the incubator’s mission may include the following:  · Cultivate entrepreneurship on the U.A.P.B. campus and the community.  · Expand our marketplace in different cities in Arkansas and supportive states.  · Create higher wage jobs  · Read Moreonline v face to face training Essay1504 Words   |  7 Pagesfrom adapting to the environment in which we find ourselves and training like everything else in our lives is going â€Å"online. So anyone who wants to make a difference in vocational education can now raise their sights to master the â€Å"classroom on the cloud†.! ! So what do we want to bring with us, from the old methods and what new technology and understanding is coming to light for the Online Educator. The following 5 points are a good place to start for blending methods of adult education and technology

Thursday, December 19, 2019

Project on Stress Management - 9684 Words

CHP:1 INTRODUCTION What is Stress? Stress is a complex phenomenon. It has been defined in many ways, but simply put; it is the wear and tear of everyday life. In everyday’s life people are subjected to a wide range of pressures. Similarly there are also a wide range of resources and strategies for coping with pressure. Sometimes people cope well and will not feel that the pressure is having any adverse effect upon them. At other times they will have difficulty in dealing with the situation and that is when we may use the term stress. In reality, any situation that puts pressure is technically stressful. Stress is not necessarily unpleasant or harmful. When people are able to cope satisfactorily with the†¦show more content†¦When there is tension, the body may become weak. In management literature, ‘Stress’ is defined as a response of the human body to a felt need. When one is hungry and there is an urge to eat food, the body is in a state of stress, which disappears when the need is fulfilled. This definition suggests that stress is a desirable condition, making one move towards fulfillment of needs. This is partly true. Stress occurs also when the need arises out of fear and the urge is to run and escape. This may sometimes, be not possible. In that case, there is no movement, the need remains unfulfilled and the stress condition does not disappear. Stress is identified as of two kinds. One is called EuStress, which is the condition in which there is drive and effort to fulfill the needs. Motivation is high. Achievement is seen as possible. The situation is challenging. Stress disappears when the need is fulfilled. There is success. The other is DiStress, which is the condition when there is a sense of helplessness in being able to achieve. The feeling is of frustration. There is no success. May be, there is no attempt even, because success is seen as impossible. The stress condition remains. If one were to chart the level of stress and the level of effort put in to work, it would be an inverted parabola. EuStress would be in the ascending left side of the parabola. The challenge would be maximum at the hump. TheShow MoreRelatedEvaluate--Action Research Problem’S Significance In The1525 Words   |  7 Pageswork For the final project presentation of technology in social work, the action research study topic is on stress management. The proposed studies objective is to understand the impact that stress has on the social work profession and to figure out a stress management intervention that is effective, yet easily accessible and convenient to implement. The action research study is introduced by explaining that there are current studies that discuss the use of stress management interventions with severalRead MoreNotes On Time Management And Stress984 Words   |  4 PagesTime management and stress are directly correlated to an extent. Based on what I have read and experienced, lacking the ability to manage time will result in higher levels of stress. According to Nonis, Hudson, Logan, and Ford (1998), â€Å"[Having] perceived control of time [can be] a stress-coping strategy with particular emphasis on three key student outcomes: academic performance, problem-solving ability, and heathâ⠂¬  (588-589). In other words, having the perception that you manage your time well, willRead MoreWeek 6 Individual Project1617 Words   |  7 PagesWeek 6 Individual Project Introduction A new innovative warehouse system it is been introduced to ease the movement of items in warehouses this system includes autonomous mobile vehicles which will move quickly through the warehouse and load and move orders to the fulfilment platform. An entrepreneur, Dr Ryan ONeal, and an investor, Jeff Hoffman investing $12 million in this project as a startup capital, Dr ONeal have a good deal of experience in mobile robotics while Jeff Hoffman is an investorRead MoreWeek 6 Individual Project1601 Words   |  7 PagesWeek 6 Individual Project Introduction A new innovative warehouse system it is been introduced to ease the movement of items in warehouses this system includes autonomous mobile vehicles which will move quickly through the warehouse and load and move orders to the fulfilment platform. An entrepreneur, Dr Ryan ONeal, and an investor, Jeff Hoffman investing $12 million in this project as a startup capital, Dr ONeal have a good deal of experience in mobile robotics while Jeff Hoffman is an investorRead MoreHBP Simulation1056 Words   |  5 Pagesï » ¿HBP management simulation Analysing cause and effect relationship Team attributes: The team morale (TM) and stress level (SL) seem to be caused by common parameters. Their correlation is first positive and then becomes negative. The turning point is at the SL 1.2 approximately. The effects of positive and negative stress explain this relation, respectively. A SL below 0.9 is low, indicating the team is bored and is linked to low TM, which reflects an absence of challenge. Here, an increaseRead More TRAINING Essay745 Words   |  3 Pagesimprove time management in order to become a successful business analyst. In my opinion in order to make these needed improvements in my career I will need to further develop myself professionally. I am currently taking classes towards my Bachelor of Arts degree in management information systems, and I have targeted April 2005 as a start date for additional training. The following are subjects that were identified during my needs assessments:  ·nbsp;nbsp;nbsp;nbsp;nbsp;Stress management  ·nbsp;nbsp;nbsp;nbsp;nbsp;DealingRead More1.The Role Of The Project Manager On Construction Projects..1062 Words   |  5 Pages1.The role of the project manager on construction projects. Generally, as a project manager, he(or she) should be able to have thorough control of time, cost and quality of the project, and have the overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project. The following are some specifications: 1) Leader of the team A project manager should form and lead a team which has the professionals and specialists, and enable themRead MoreThe Importance Of A Traditional Hierarchical Team Structure Essay1461 Words   |  6 Pagesgroups. Understanding the degree of my autonomy and interdependence at these jobs has provided me greater insight about the structure of these organizations, for example, whether they were centralized or decentralized. This semester I had group projects in all my courses, therefore, I found that the team charter was a useful tool in ensuring that everyone in my team was clear on the objective, what the expectations and rules of engagement were, and what each member’s role was. In my OrganizationalRead MoreOrganizational Stress: Positive or Negative?1656 Words   |  7 Pagesï » ¿DDBA 8151 – Andrea Manzoni Discussion 1 Module 3 Organizational Stress: Positive or Negative? The increased uncertainty about the future, the global competition, lower living standards, the spreading disorganization and absence of leadership are just some of the causes that concur to generate organizational stress. Lazarus (as cited in Selart Johansen, 2011) defined stress as the physiological and psychological reaction of any individual against external factors called stressors. Several studiesRead MoreCompetency : Managing Stress And Stress Management1657 Words   |  7 PagesManaging Stress Developmental Need: I need to improve on my ability to manage my stress. Often, I find myself feeling anxious about working with others, especially within group projects where I am not familiar with the work style of my teammates. As such, encounter stressors negatively affect my ability to focus on the task at hand. For example, I grew increasingly worried about the cohesiveness of my group because we needed to collect materials, figure out times to meet and film the project. When

Wednesday, December 11, 2019

How Anyone Can Develop Servant Leadership in His/ Her Life

Question: How you can develop servant leadership in your life. Answer: Introduction: A word servant leadership is basically a timeless concept which is coined by Robert K. Greenleaf in A Servant as Leader. This concept was focused in the year of 1970. This concept of servant leadership includes a style of leadership that is categorized and described by contemporary management aspects. A servant leadership generally leads by serving oars. Therefore, it can be said that a servant leadership includes a place of interest and require of air followers to relate with air own self-interests and requirements (McCann et al., 2014). A servant leadership predominantly focuses on a growth and a well-being of a people and communities to which they belong to. A servant leadership phenomenon includes a power that required by oars, primarily to help with a development of a people and to perform as efficiently as possible. A servant leadership is a typical philosophy that set propaganda on a leadership practices. A traditional leadership generally includes an accumulation of an exercise of a power producing of a top of a pyramid (Chan et al., 2014). Discussion: Focused characteristics of a servant leadership include an acknowledgment and a prospective of people. A democratic servant leadership has an outlined relationship with a Transformational leadership. Therefore, it can be said that a servant leadership is a problematic and a crucial factor comprising of a hierarchical, autocratic and a cultural measurement where managers and leaders are accepted to perform and generate all a decisions. A servant leader struggles to earn respect. It is generally highlighted with 5 levels of leadership, which may include a demonstration in a way ay perform air work. The factors which are included in becoming a good servant leader are: listening, empathy, healing, awareness, persuasion, conceptualization, foresight, stewardship, commitment to a growth of people, the building of a community, etc. (Liden et al., 2014). Listening: This includes compact attention by proving an efficient listening skill. This also includes the entire commitment that people should comprise with intentions and a prospective for maintaining a leadership relationship. Empathy: Servant leaders upgrade themselves to understand the intensions and prospective of different people. Before the needs of the people, a strong empathic move is included in approaching situations of their open mind (Lehman, 2016). Healing: This factor includes an emotional health and a wholeness of people, which involves a support in both ways, physically as well as mentally. This factor mostly highlights on knowledge and a support and resources, to make a location a healthy work place. It portrays a positive impact on people that required by customers to be served. Self-awareness: Self-awareness is an ability of self-estimation, which includes deep emotions and behavior. A self-estimation focuses on strengths, and weakness and surveying a feedback of an oar people on am. It also includes in controlling and managing emotions including different actions and behavior that might affects others. Persuasion: A leaders of servants use this factor called persuasion. It encourages people to take actions it also helps in building consciousness of a group of people. At a time when an expert prevails to perceive as an expert who eventually inspire them. Conceptualization: It includes characteristics of ability to "dream the great dream", which generally includes an organizational strategies. It also includes a creation of mission and vision of a statement. Foresight: Foresight is a phenomenon of describing a future on some experiences of past. Stewardship: It includes taking responsibility for actions and performance of a respective team. Its main focus is to manipulate the role of the team members that plays significantly in an organization (Schwepker et al., 2015). Commitment to a growth of people: A servant leader is committed towards the personal and professional development of the members of the organization. Building of a community: This is the last characteristic which portrays a way to become a good servant leader. It encourages a person to take responsibilities for different works. It also reminds of a contribution and success including overall objectives of the respective organization (Parris et al., 2013). A servant leader eventually consumes a role as servant, which is taken to an extreme level. This may be the definition as "a servant leader, who would meet you at your car, opens a door for you, and welcomes you to your office. It also includes, serving the coffee in a middle of a day. In other hands, he might assist you to a project, or someone to grunt a work with, and you need to sit back in a relax note with a strong support of a servant leader, waiting for you at your service (Panaccio et al., 2015). The best way to understand and think the concept of the servant leaders is efficiently is seen in the posts of the famous historical leaders that fit the model. The easiest example may include Jesus Christ, which is described as the four gospels of the holy Christian religion. On contrary another figure matches with the prototype, is the Dalai Lama, respectively. Richard Murphy is another powerful example of servant leadership for all the social entrepreneurs, innovators as well as the leaders (Brar et al., 2014). It is the only time for the success of the servant leader when the people barely know he exists. Richard Murphy created the youth services in the 1990s, and had hired a youth map out their neighborhoods and created opportunities to the people (Brar et al., 2014). Conclusion: Therefore, it may be concluded that servant leadership is a process and phenomenon of a servant leader to think and lead with others in their mind. A servant leadership also motivates people to make service to other people. The servant leadership is the entire process which cultivates a culture of trust and helps people with life issues. It is important to offer different opportunities for the personal development before the job. Therefore, it serves as a motivational and trust-worthy communicative process of a servant leader, to produce efficient and successful work. References: Brar, M. A. S., Variava, M. F., Brar, M. S. S. (2014). LEADERSHIP ANALYSIS.INTERNATIONAL JOURNAL OF RESEARCH IN MANAGEMENT SOCIAL SCIENCE,2(2), 161. CH Chan, S., Mak, W. M. (2014). The impact of servant leadership and subordinates' organizational tenure on trust in leader and attitudes.Personnel Review,43(2), 272-287. Liden, R. C., Wayne, S. J., Liao, C., Meuser, J. D. (2014). Servant leadership and serving culture: Influence on individual and unit performance.Academy of Management Journal,57(5), 1434-1452. McCann, J. T., Graves, D., Cox, L. (2014). Servant leadership, employee satisfaction, and organizational performance in rural community hospitals.International Journal of Business and Management,9(10), 28. Panaccio, A., Donia, M., Saint-Michel, S., Liden, R. C. (2015). 16. Servant leadership and wellbeing.Flourishing in Life, Work and Careers: Individual Wellbeing and Career Experiences, 334. Parris, D. L., Peachey, J. W. (2013). A systematic literature review of servant leadership theory in organizational contexts.Journal of business ethics,113(3), 377-393. Schwepker, C. H., Schultz, R. J. (2015). Influence of the ethical servant leader and ethical climate on customer value enhancing sales performance.Journal of Personal Selling Sales Management,35(2), 93-107. Lehman, D. (2016). A Case Study Describing How Servant Leadership Attributes Impact Superintendent Longevity and Leadership Styles (Doctoral dissertation).

Tuesday, December 3, 2019

Nokia Corporation Strategic Management

Introduction I have chosen Nokia Corporation as the company to write about in this assignment. Nokia Corporation is based in Keilaniemi, Finland and is, by far, the largest manufacturer of mobile instruments in the world. There are other fields that the company is engaged in, such as multimedia and networking.Advertising We will write a custom essay sample on Nokia Corporation Strategic Management specifically for you for only $16.05 $11/page Learn More Nokia Corporation has been in the telecommunications field since the last 50 odd years. But prior to venturing in the telecommunication field, Nokia had tried its luck in various sectors such as paper mill, rubber boots, car tyres, electricity, televisions etc. Presently, the company has its manufacturing facilities across the globe in various European and Asian countries. Nokia Corporation’s logo, ‘Connecting People’, is tantamount to its line of business. According to Datamonitor, No kia â€Å"†¦employs about 129,355 people. The company recorded revenues of â‚ ¬42,446 million ($56,363.6 million) during the financial year ended December 2010 (FY2010), an increase of 3.6% over 2009† (Datamonitor, 2011). Nokia Corporation can be considered as the pioneer in mobile technology. â€Å"On July 1, 1991, Finnish Prime Minister Harri Holkeri makes the world’s first GSM call, using Nokia equipment. And in 1992, Nokia launches its first digital handheld GSM phone, the Nokia 1011† (Nokia). In order to have a better understanding about the company, it is always better to do a SWOT Analysis. SWOT Analysis of Nokia Corporation Strengths of Nokia Corporation Well equipped research and development department. World’s first GSM call was made from a Nokia instrument. Largest manufacturer of mobile phones with manufacturing facilities in not less than 15 countries worldwide. Largest marketing network. Follows the ‘Diverse Workforce Manageme nt’ policy. Nokia products are marketed in not less than 160 countries worldwide. Nokia has a strong financial base. Better re-sale value as compared to other brands. Weaknesses of Nokia Corporation Profits of the company dropped by almost 40% in the year 2010. In spite of global presence, Nokia Corporation does not have specific presence in the United States of America. The same is the case in Japan though the reason is greater competition from local brands such as Panasonic, Sharp etc. In India Nokia has an appreciable presence but the after sales service is not up to the mark. Some of Nokia’s products are not compatible with the available software. Pricewise, Nokia mobiles are costly as compared to Chinese mobiles. Opportunities of Nokia Corporation Nokia Corporation entered into a joint venture with Germany’s Siemens and as such now there are greater opportunities for the company to expand in the hitherto neglected European markets. Nokia has specific pr esence in the Asia Pacific region and it is encouraging that this particular market is one of the fastest growing ones. Nokia mobiles are stylish and colourful. This feature is liked by the younger generation. There is tremendous scope for Nokia in developing countries. There is an incessant growth in the telecommunication industry. Threats of Nokia Corporation Due to the launch of several Chinese brands, Nokia’s monopoly in the mobile market has started to diminish. Other brands like Apple etc. have introduced mobiles with better and more user-friendly software. Due to a variety of choices available in the market, customers have more and better options. Past, Present and Future Position of Nokia Corporation Nokia Corporation ruled the mobile market for about 14 years but due to its not paying attention to the emerging competition from brands like Apple and Samsung, there has been a drastic drop in its sales. Initially, Nokia provided its customers with value for their mon ey. Nokia handsets were considered to have the latest technology. When Apple introduced the Android phones, Nokia did not suffer much because the Android phones were meant for high-end customers whereas Nokia phones were meant for the masses. But unfortunately, the different models launched by Nokia had only some minor changes and since the customers wanted something different, Nokia started losing ground.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More During this period, Samsung also launched its Android phone but with a difference and at a lesser price. â€Å"All these factors created an opening for Samsung which gave the public exactly what they wanted – variety of prices in the smart phone segment, with touch screens, with android and with fabulous marketing plan† (Bhasin, 2012). As a result, Samsung took over the number one position in mobile phones and it is expected to be there until Nokia Corporation comes up with some innovative features in its mobile phones. Following is a table depicting the comparison of sale of mobiles using different operating systems: â€Å"Looking at the present scenario, Nokia has started to make efforts to enter smart phone market by collaborating with Microsoft and bring its smart phones to the market, with Nokia Lumia 800 being the recent one in the stable† (Raina, 2011). Market share of Nokia According to Gartner, â€Å"Nokia’s share of the mobile phone market dropped to 25 percent in the first quarter of 2011, the lowest for 14 years, down from 30.6 percent at the same time last year† (as cited in Globaltimes, 2011). Talking about Nokia’s market position, Gartner further reported that â€Å"It is still ranking well ahead of second place Samsung, which holds 16 percent, followed by LG in third with 5.6 percent, Apple in fourth with 3.9 percent and RIM with 3.0 percent† (as cited i n Globaltimes, 2011). Alex Webb reported that â€Å"Nokia, the world’s biggest mobile phone maker, reported that first-quarter profit fell as it continued to lose market share to competitors† (Webb, 2011). Target Market of Nokia Initially, Nokia did not pay much attention to the European and the US markets but as mentioned earlier in the paper, it entered into a joint venture with Germany’s Siemens and as such now there are greater opportunities for the company to expand in the hitherto neglected European markets. But the main area that Nokia is paying attention is the Asia-Pacific region, to be more specific, India and China. Both these are developing countries and as such there is a lot of potential in these markets.Advertising We will write a custom essay sample on Nokia Corporation Strategic Management specifically for you for only $16.05 $11/page Learn More Marketing Strategy and Strategic Marketing Plan of Nokia â€Å"Nokia h as unveiled a ‘youthful’ and ‘revitalised’ marketing strategy, using the internal strap line ‘live adventure everywhere’ for the launch of its debut windows phone devices as it looks to reclaim its position at the top of the smart phone market† (O’Reilly, 2011). The following are the main points of Nokia’s marketing strategy (Source: www.authorstream.com). Focused on handset manufacture only Enhance product portfolio Increase distribution channels Adjust preferences for specific markets Customer satisfaction Focused on replacement Increase commitment to emerging market Improve collaboration on designs Ensure accountability and quality Aggressive pricing (Source: www.authorstream.com) Nokia’s strategy is to â€Å"Create irresistible solutions through vibrant ecosystems with our partners, user experience at the heart of all we execute, intensify pulse on consumer needs, bringing the best devices to all markets, smart context aware services with people places† (Nokia, 2009). Analysis of Samsung and Apple â€Å"Midway through the fourth quarter earnings season, it’s becoming apparent that while Apple (NASDAQ:AAPL) had a record breaking quarter with 37 million iPhone sales and Samsung did nearly as well, most other handset makers are struggling or facing stagnation† (Goldstein, 2012). Goldstein further suggests that â€Å"Analysts point to the unique attributes that have buoyed Apple and Samsung, including their access to components, scale, brand recognition and overall product execution† (Goldstein, 2012). One of the major advantages that these two companies have is that all the components are manufactured indigenously. Both the companies have invested huge amounts in their research and development programmes. Another advantage that these two companies have is the instant delivery of products in the markets. Apple’s iPhone and Samsung’s Galaxy range have created a brand name of their own. Key competitive factors between Nokia, Apple and Samsung For comparison purpose, we shall consider the latest models of each company i.e. Nokia’s Lumia 800, Apple’s iPhone 4S and Samsung’s Galaxy S2. Factor Nokia Lumia 800 Apple iPhone 4S Samsung Galaxy S2 Winner Design Basic design of Nokia N9. The material used is polycarbonate that makes the body light weight. Almost similar to that of iPhone 4 but there have been major improvements in the downloading speed. Designed sleekly with only one button (the home key). Samsung Galaxy S2 Screen 3.7 inches, clear black OLED screen, Gorilla glass 4.3 inches, AMOLED plus technology 3.5 inches, retina display, Samsung Galaxy S2 and Apple iPhone 4S Camera 8 MP 8 MP 8.1 MP Samsung Galaxy S2 Processor Qualcomm MSM8255 Dual core A5 1.2 GHz dual core AARM Cortex A9 iPhone 4S Battery 1450 mAh. 265 hours standby with 2G and 335 hours standby with 3G Li-Ion Li-Ion 1650. 710 hours st andby with 2G and 601 hours standby with 3G Samsung Galaxy S2 and iPhone 4S Price (without contract) $699 $749 $600 Samsung Galaxy S2 Conclusion The chart clearly shows that Samsung Galaxy 2S is the clear winner based on most of the factors. If Nokia wants to retain its top most position, it has to work hard on various aspects such as pricing, innovation, customer satisfaction, after-sales service etc. The management of Nokia Corporation has to evolve a long term business strategy and implement it religiously. It’s beyond doubts that Nokia is a giant company and can sustain the competition in a healthy manner.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The brand Nokia has been the favourite of consumers since long and an emotional bond has been created. It’s only that new and innovative products have entered the mobile market that people have diverted their attention. But if Nokia maintains the innovation that it has shown in Lumia 800, the time is not far when Nokia will retain the top-most position. The only thing required is positive approach and value for money to the end-users. References Bhasin, H. (2012). Nokia loses its top position after 14 years to Samsung. Retrieved from http://www.marketing91.com/nokia-loses-top-position-14-years-samsung/ Datamonitor. (2011). Nokia Corporation – SWOT Analysis. Retrieved from http://www.researchandmarkets.com/research/e2b6c5/nokia_corporation Globaltimes. (2011). Nokia’s share of market slips down to 25%: Gartner. Retrieved from http://www.globaltimes.cn/business/world/2011-05/657066.html Goldstein, P. (2012). Analysis: Why Apple and Samsung are killing it in the sm art phone market. Retrieved from http://www.fiercewireless.com/story/analysis-why-apple-and-samsung-are-killing-it-smartphone-market/2012-01-27 Nokia. (2009). Nokia’s vision of the future. Retrieved from http://www.nokia.com/NOKIA_COM_1/About_Nokia/Company/Vision_and_Strategy/pdf/NokiaStrategy10.pdf Nokia. (n.d.). The Nokia Story. Retrieved from http://www.nokia.com/global/about-nokia/company/about-us/story/the-nokia-story/ O’Reilly, L. (2011). Nokia reveals youthful global marketing strategy. Retrieved from http://www.marketingweek.co.uk/nokia-reveals-youthful-global-marketing-strategy/3031339.article Raina, R. (23012). Why Nokia lost its market share. Retrieved from http://www.marketing91.com/nokia-lost-market-share/ Webb, A. (2011). Nokia profit declines as market share falls. Retrieved from http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/8466235/Nokia-profit-declines-as-market-share-falls.html This essay on Nokia Corporation Strategic Management was written and submitted by user Melody Gentry to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.