How Nokia Creates Strategic Advantage in a Fast-Changing World Free Essay Example, 2000 words

Nokia has portrayed a lot of strength because it has been among the leading companies in the industries of electronics and telecommunications for quite a long period. The corporate has portrayed a strong ability because it has been able to adapt to the market since it started. It is clear that the company started in the industry of rubber back in the 19th century. All through it has been able to adjust in order to fit in the market by coming up with new production strategies all through its life. However, the corporate weakness is that it has experienced huge growth, but it cannot be in a position to maintain its rate of growth at this current period. The corporate can maximize its strengths of leading in the market by coming up with better advanced and cheaper devices to maintain a large market share. Another strategy that the corporate can utilize to maximize its strength is making sure that it has the best products as compared to its competitors since it has been in the industry for a long time. We will write a custom essay sample on How Nokia Creates Strategic Advantage in a Fast-Changing World or any topic specifically for you Only $17.96 $11.86/page