What strategic challenges are facing Nokia as advanced by the case study?

What strategic challenges are facing Nokia as advanced by the case study?

In less than a decade, Nokia emerged from Finland to lead the mobile phone revolution. It rapidly grew to have one of the most recognizable and valuable brands in the world. At its height, Nokia commanded a global market share in mobile phones of over 40 percent. While its journey to the top was swift, its decline was equally so, culminating in the sale of its mobile phone business to Microsoft in 2013.

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