Pestel Case

To create success in the business world ,Nokia has placed emphasis on adopting governmental resources or agenda, to access the resources that the government provides, in terms of economic policy, scientific investment and the technological development. However, Nokia has played an independent role towards political agendas, as it does not seek to identify its products to certain segments around the world.

The economic system is critical as it can control what the organization is to produce, how it should produce and the category of recipient who should use their end products

On one hand, aspects of international trade is important for Nokia being the global supplier of mobile phones and on the other hand, the knowledge concerning the nation’s economic status (Type of economic system practiced, Inflation rate, level of employment and exchange rate) is equally as important to realize future plans for personal and financial safety together with enhancing entrepreneurship.

With incomes rising, people have more disposable income, which enables consumers to be more selective with their choice of mobile phone, looking to other factors rather than fulfilling the most basic of user needs (text messaging and phone calls) and price being such a key factor

The economic system is critical as it can control what the organization is to produce, how it should produce and the category of recipient who should use their end products

On one hand, aspects of international trade is important for Nokia being the global supplier of mobile phones and on the other hand, the knowledge concerning the nation’s economic status (Type of economic system practiced, Inflation rate, level of employment and exchange rate) is equally as important to realize future plans for personal and financial safety together with enhancing entrepreneurship.

With incomes rising, people have more disposable income, which enables consumers to be