I just stumbled across an exam paper i did many years ago. The exam was based on Nokia as a case, and was meant to create a foundation for discussing budgeting. Question 1 In the article there is a focus on financial measurements, which to a large extend gives a rendition of Nokia’s market position and ability to make money. By defining the number of cell phones sold (780 millions), the market volume based on units sold is expressed. This measure seems quite relevant because it indicates the kind of potential capital being fought over in the cell phone business....