MANAGEMENT INNOVATION Essay Example | Topics and Well Written Essays - 4250 words

caution INNOVATION - Essay ExampleMarket opportunities need to be seized with alacrity and new territories explored with professional salvage and objectivity. Time should not denounce Nokia later that, like other large companies, it could not stay forward of its time nor engage its rivals and competitiors in eventful combat in the market place. For this it is necessary that Nokia should be ahead(predicate) of its times and grab every innovative opportunity that comes its way. During the course of this research, recourse has been sought to empower resources at their command through cases. Research design is mainly framed to identify and analyze different shipway for conducting the research and it withal involves taking decision related to the sources from which the information has to be collected. Research design is an line of battle of situation and examination of all the information in a way that it aims to connect the significance of the research. in the end it is seen wheth er the objectives of research has been met in terms of the research questions. It is seen that to a very large extent, the secondary research has been able-bodied to meet the goals and objectives of research.The history of Nokia could be traced back to 19th century, 1865 to be precise, when an enterprising engineer called Frederik Idestam constructed a wood-pulp hero factory in South Finland. The town in which this factory was built was called Nokia, which has also rendered the brand its name. During the early on years, Nokias main business was paper and pulp, which gained a reasonable degree of success because of the demand for this build of paper in Europe, post the industrial revolution. Russia was one of their main buyers. However, the disintegration of Russia during the early 1990s also adversely swung the future of Nokia and for a brief period, this company went into bankruptcy. Upon recovery, it began to focus on telecommunications,