The loss of market share (A case study of Nokia)
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Consumer Behavior 4 Cultural factors 4 Social factors 5 Personal factors 5 Psychological factors 5 3. With their severe loss in the market the company planned to cut 1700 jobs all over the world in 2009 in order to gradually respond to the introduction of new devices and technologies. With their severe loss in the market the company planned to cut 1700 jobs all over the world in 2009 in order to gradually respond to the introduction of new devices and technologies.