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Government has always bended its brows on companies that have innovated in their technology and business practices but not provided for safe and eco-friendly disposal of parts and batteries (“Life Cycle Management: A business guide to sustainability”).
Being responsible to the environment affects the product offering in the way that consumers make an image of unethical manufacturer in their minds. Nokia has been able to create a good image by providing for eco-friendly disposal of its handset parts across the world.
Taxes are means of revenues for Government. A flourishing industry provides better prospects of high taxes to the government. Mobile phone industry has climbed up the ladder of evolution and growth in a very short span and has also been taxed heavily for latest technological innovations. These innovations sometimes help to curb emerging competition due to its monetary intensity and also help avoid malpractices which might take place under innovation disguise.
Consumer protection laws and regulations also have a huge bearing on innovation taking place in mobile industry. Innovations are expensive and if the involved technology does not satisfy customer requirements, it has to be replaced abiding by consumer laws, which could be a means of huge losses for the innovator (Bonthron 2009).
Technology reducing international distances every day, mobile manufacturers have to resort to efficiency in operational costs by rationalizing their supply chain through international trading. However, across borders, import and export charges and duties have much affected the growth of mobile phone innovation.
There have been many cases where host government has denied entry of foreign players due to the fear of their market being captured by other telephony giant, thereby siphoning a major portion of their GDP.
Competition has been very stiff in the mobile phone
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The potentials of each firm to compete effectively its rivals can vary in markets worldwide. In extremely competitive markets, such as the UK market, the growth of each firm is depended on its ability to identify strategies that offer a competitive advantage.
Innovation in Mobile Telecommunications Industry: Smartphones – The IPhone Experience. There are distinctly identified industries that exhibit revolutionary changes at unprecedented pace. One of these is the mobile telecommunications industry. Due to the fast changes brought upon by technological advancement and innovation, products and services offered by companies within the mobile telecommunications sector invariably adapt and adjust, according to external macro-environmental factors.
With the advent of new technological features and innovations at a sustained manner, the industry has grown significantly with the increase of number of buyers and market size. Certain key features such as affordable mobile phones rendered by the companies and reduced amount of service related costs have been the vital determinants for the recent proliferation in this segment.
The innovative standards of telecommunication industry are: GSM, GPRS, CDMA, 3G, LITE, etc. In a technological world change is vital to run the industry (Malerba 2004). The innovations in mobile communication industry have great impacts on it, in terms of increase of mobile users.
This essay endeavors to study the mobile phone industry to determine the factors that make one particular cell phone brand to be at the pea of the industry and how this will change in to the future. The paper begins with an analysis of the consumer demands and factors that make a consumer go for a specific brand in the industry and then proceed to make analysis of how mobile phone manufactures respond to the demands of the consumers.
The aim of this study is to explain and explore the market entry strategic plan of Lenovo within the Argentina’s mobile phone market. Moreover, the study intends to discuss Lenovo’s culture and Argentina’s market environment as well. It also entails the detailed discussion of the political and economic conditions of Argentina that will help the company to derive in-depth knowledge about the opportunities, competitors and risks in the new market.
Mobile phone owners (and/or users) also know that they now have the option of upgrading their mobile phone service from 2G to 3G - an improvement that would allow them to not only make and receive calls (voice-service) but also enjoy many other non-voice features such as 'log onto the office network, surf the Internet, order and pay for goods, manage investments on the stock markets, check the weather or find the nearest Italian restaurant.' (mPhone Ltd, n.d.).
As the market matures and reaches saturation with penetration rates hovering around 76%, mobile players face tremendous pressure for maintaining and expanding their customer base. Mature market conditions have manifested into plummeting of mobile telephony prices and consumers' network switching behaviour.Orange has been fairly successful in the telecom sector, claiming the largest market share of 28%.The brand image has been its advantage, which an average consumer usually associates with quality service and product innovation.
Kanter (1995:71) on his work of "Mastering Change" argues that success in the present day business is not for those companies that re-engineer the way they do things, or for those fixing the past. According to Kanter (1995) such an action will not constitute an adequate response.
There is a marked increase in the number of organizations that have also started to move their support services and customer call centers to more cost effective countries. However, few of these organizations have authentic global technological and innovative
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