Business Outlook Now, we already have become the biggest mobile phone manufacture all over the work. We have occupied the 25.35% market share globally and our sales revenue up to3497227K USD. In the future, we do believe we will still be leader of the Cell Phone industrial globally and we will expand our market share ups to 38% globally. In the USA Market, we will maintain the Tech3 Mobile market and explore the Tech 4 Mobile market share. In the Asia Market, we will continue develop the New Tech3 Mobile to Asia customers by enlarging our market share arrived 37%. In the EU market, we want to be the second the biggest cell phone companies in the Tech 4 Mobile market. In the same time, we will still provide our high quality Tech2 mobile to the price sensitive customers. For ratios, our cumulative total shareholder return is 9.75% for last year which we were the highest among other five cell phone companies. We appreciate that the shareholders would like to be with us growth together. We will continue to give our shareholders more divined yield to the next years. Our share price at the end of round was the second highest which followed by Red. For the social responsibility, we are the ethic company and we will be the ethic company forever. We contribute our business to the environment friendly and production sustainable and provide the best work condition to our workers. We also choose our suppliers which desire to be ethic companies as well. We also take charge their
or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.
Q.2.2)Social responsible is a program that maintains that businesses are part of the society in which they live in…“the company has provided fellowships to China, donated laboratories for local colleges and funded small and medium-enterprises through incubator project’ ’They hire locals because they know the environment and customer’s demand.
There are conflicting expectations of the nature of a company’s responsibilities to society. However, those companies that undertake what may be termed ‘Corporate Social Responsibility’ must decide; what are the actual social responsibilities of these companies? I will present a possible paradigm. Also, I will look at the benefit to the business that employs proper management as compared the business with poor management. This research paper describes my view of corporate social responsibility and compares the social responsibilities of Delta Air Lines and Spirit
Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.
A commitment to environmentally-sound practices is part of many businesses’ commitment to act responsibly. Social responsibility refers to an organisation’s obligations to maximise its long-term positive impacts and minimise its negative impacts on society. For Tata Steel, it is a core part of its vision to be ‘the global steel industry benchmark for value creation and corporate citizenship.’
When deciding what will benefit society, we evaluate if our actions are ethical or unethical. If the action is ethical, we would be considered socially responsible. Likewise, if the action is deemed unethical, then we would be considered socially irresponsible. A company that is focused on good ethics would be a company with strong social responsibility.
“We always keep on pace with the demand of our end customers, delight them through continuing maintain a close relationship between manufacturing, ongoing Research and Development as well as working closely with supply chain and outsourcing partners, to provide cost-effective, high-quality Smart phone, wireless devices and software to our customers, internationally. Constant Training and Development program and strong culture practices are held to motivate the employees, also, to ensure infinite innovation and creation come out from them. Most importantly, offer attractive
The aims of this company is to make a profit, not to get bankrupt like phones 4u and to provide a service to its customers also giving customer the best deals and beating other companies
Nokia’s aggressive strategy to dominate mobile communication cluster would be the main reason how Nokia could become a world leader in the sector among other reasons. Nokia’s passion for mobile communication industry was great enough to give up more than 40% of its revenue in is pre-owned communication industry to concentrate only in mobile communications. Nokia was also lucky enough to see the possibility of mobile communication early enough to predominate the industry and prevent any competition from
Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue
In the second quarter of 2007, Motorola had shipped 35.5 million mobile handsets whereby Nokia shipped 100.8 million handsets. Nokia emerged as a leader in the global mobile phone industry, holding a market share of 38.0 percent, by the 2nd quarter of 2007.
According to the Way We work, the company focuses on social wellbeing, environmental stewardship and strong governance and integrity systems.
They have an opportunity in South Africa not to limit themselves to low end phones but rather market a wider range of products with a varied price range.
While wireless penetration in urban areas has increased significantly over the last few years, rural and semi-urban areas continue to be under-penetrated. The medium segment is likely to be the fastest growing with 240 million handsets in 2014 (Source: Analysys Mason).
In the past decade, the Indian mobile phone industry has seen the entrance and growth of many global players including Apple, Samsung, Sony, LG etc. Not only the global players, but many new Indian players have entered the industry recently, including Micromax, Karbonn, Videocon, etc. The industry has moved on by leaps and bounds in terms of technology and competition. From the times when Nokia was a dominant player in the market capturing an extremely high market share, we have seen many new entrants providing a healthy competitive landscape with players like Samsung, Sony and HTC