Sustainability Statement Of Nokia

Petsmart is a specialty retailer of pet products and services. They provide food and products, and offer services such as grooming, boarding, doggie day damp, day care, training and adoptions. The company employs about 53,000 associates and operates 1,477 stores in the United States, Puerto Rico and Canada. (Company Information, 2010). Petsmart also does their part in the area of sustainability. The following will discuss what the company is doing in the areas of social sustainability and environmental sustainability. Then will discuss how their mission statement and website tie into their sustainability efforts. And finally, the following will give suggestions on how to improvement their sustainability effort.

Nokia mobiles is a leader in the field by providing the best products and services for their customers. They lead in communications, ensuring to provide devices and service creates innovation mobiles for their customers around the world.

It established in 1871 and it is very old company. It was one of the biggest company in world in that time and it competition with other companies who is produce cell phone. The main product is cell phone. Nokia Company produce a lot types of mobile phone and different from other. There are phones with big screen and other with small screen. Also, they have phone with keyboard and other without it work by the touch. Also, Nokia Company provide other services which are internet services such as applications, music, digital media and messages. Nokia offers digital mapping and navigation

In fact, besides the three companies (Alibaba, Tencent, and Huawei) stated above, only Xiaomi, a smartphone developing company was able to go out of China in 2015. The lack of companies able to develop outside of China may imply a monopoly inside of China is at play as well as other countries are rejecting companies from China to enter to confront its policies. Even though the result of monopolies interfering the economy is minimized by the Chinese government because of price controlling is in the hands of the government, the cost of companies not being able to globalize impacts Chinese economy greatly. For example, as the market in China saturates, other countries’ markets become critical for companies to

For multinational companies, China’s market has started to come of age. Despite the opportunities along with China’s WTO entry and opening up, doing business in China remains very challenging at the operational level for MNCs.

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

In today’s world, economic power is the prime moving force in determining how much a country can produce, buy, or sell their products or services. One notable economic powerhouse is China. Over the years, the Chinese business climate has grown from a centrally planned economy to a socialist market economic system. Having this new economic system gives foreign investors many market opportunities. However, one must not forget the differences in political and cultural environment that can create risk and uncertainty for foreign investors. According to a 2010 survey by the US-China Business council, companies are reporting strong growth and profitability despite the economic downturn. China has a large market and their purchasing power is ranked second in the world. Although companies are profiting, there are fourteen business issues in China. They are: administrative licensing barriers, competition with PRC state-owned enterprises or national champions, intellectual property rights enforcement, cost increases for labor and raw materials, restrictions on foreign investments, restrictions on market access in services companies, transparency, government procurement standards and conformity assessment, protectionism risks in China, lack of equal treatment from domestic companies, lack of consumer awareness/understanding about products, miscommunications due to language barriers and ethical issues, and the difference in human resource practices. In the United States, managers tend

In order to maintain a competitive edge, companies must consider expanding and entering into new international markets. China is one of the largest and wealthiest markets that companies must consider. While China’s large, booming market is attractive for companies looking to expand, the risks in China are large as well. Companies not only have to analyze bottom line figures, but they must also analyze are the barriers of culture, political views, and the ethics and morals of their company.

An adjacent industry to consider when looking at the sustainability of consumer electronica is the cell phone market. Although cellphones are borne out of the microprocessor revolution and therefore already out of league with the earlier television and radio era, the consumer oriented arch in terms of device longevity is paralleled.

China is second largest economy in the word. Size of the Chinese economy and future growth potential has attracted the foreign companies to operate and earn profits. Thrust for cost saving and market expansion direct Multinational companies towards China. China has open the door for foreign companies between 1978 and 1990. Mode of entry utilized by multinational firms includes direct export, franchising, joint venture & wholly owned subsidies. The various factors affecting the success of any foreign company in mainland, including but not limited to the time of entry, mode of entry, institutional framework, and culture difference. However, doing business in China is not as easy as doing in developing nations. A lot of companies have burnt their fingers in China operation.

Companies need to follow the rule to playing the game in a foreign country. Furthermore, government is another part the CEO needs to think about it, some government will stop or against some products unless under their control. The most well-known examples will be the Facebook and Google in China. Google China was founded in 2005 as the google subsidiary corporation and shut down the service in 2010 by not cooperate with the Chinese government. In the main while, the Facebook CEO puts lots effort dealing with the Chinese government, but still unable to entry the Chinese market.

GMs current situation in the market is that CEO Mary Barra has front lined them to become the new face of operational sustainability in climate control in the automobile industry. They have exerted their sustainability efforts to redevelop their production facilities around the world. Toole (2016) stated, “General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy — such as wind, sun and landfill gas — by 2050”. Mary Barra fuel efficiency commitment has started with the GMs battery operated plug in vehicle the Chevy Volt. The article “The 2016 Volt” stated, “the Volt can drive 53 miles on electricity alone and then after the 18.4-kWh lithium-ion battery is depleted, the “range extending” 1.5-liter four-cylinder engine (that operates as a generator for the vehicle’s motors) comes into play and it has a combined EPA estimated fuel efficiency of 42 mpg” (Vasilash, 2015). GMs strategic plan for the next three yours needs to go one step future than just their company becoming 100 percent reliant on renewable energy, moreover they need to engage with their suppliers and hold them accountable for the same standards. GMs needs to ensure they have complete cooperation from all suppliers to exhibit full commitment to the reduction of greenhouse gases. It is extremely important for GM to gain their loyal customers trust back and openly discussing their environmental efforts with the entire supply chain will

The main concern is with the SAIFEC regulations which limit overseas equity by the Chinese workforce. These regulations should be researched more precisely because if the limit is too low it might not make sense to export the Silicon Valley model.

Nokia’s vision is “Connecting People” (Nokia, 2013). And the company’s mission statement is an elaboration of its vision:

Political & Legal environment: The political system of a country is an important part of a companies marco-environment. ‘Who governs the country?’ ‘What does the government follow?’ and ‘What legal regulations follow from these policies?’. The most important factors a company is subject to are policy uncertainty, macro instability, and tax rates. Considering China is a country in transition all of the above factors are subject to change, to a degree substantially larger than it is in stable developed countries. We have recently seen changes happening in China on all of the above factors. One example is the new regulations regarding copying, which turned out in favor of Starbucks. However, what will happen in the (near) future is hard to tell. Whatever happens though, Starbucks will be subject to the consequences, whether positive or negative.