Nokia

Definition

Nokia is a multinational telecommunications, information technology, and consumer electronics company, originally established in Finland in 1865. It played a significant role in the development of the mobile phone industry but has since diversified its business to focus on network infrastructure and technology development.

Related terms

Organizational Structure: The way in which a company's activities are divided, organized, and coordinated among its members.

Strategic Management: The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.

Diversification: A strategy of increasing sales by introducing new products into new markets or segments