Nokia supplies a wide range of products throughout the world.The various divisions are evaluated according to the profits each generates.This is an example of market control.

Question

Quizplus · Accepted Answer

Market control refers to the ability of a firm to influence the market price of a product or service. Evaluating divisions based on their profits is one way for a company to exert control over the market by focusing on the most profitable areas of the business.

Nokia Supplies a Wide Range of Products Throughout the World