What are the causes of the market failure of Nokia?

What are the causes of the market failure of Nokia?

Rise And Fall Of Nokia | How The Brand Was Attack By Apple iPhone & Android | Startup Stories

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answers (1)

Answer 1
December, 2020
The young and energetic leadership of the company was the reason for its wide acceptance in the consumer market. ... However, over time, the excessive growth rate, loss of agility, and the lack of innovative leadership resulted in the failure of Nokia as the company on the strategic level.

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