NOKIA

Question 0

Where and who it hires?

Answer 0

• employs 112,000 people world wide
• Research+development in 10 countries
• factories in 10 countries
• offices in more than 150 countries

Question 1

A case study of:

Answer 1

A multi national company

Question 2

Why do they operate indifferent regions of the world?

Answer 2

• labour costs are low
• cheap land or building costs
• low business rates
• to be close to customers

Question 3

What are the advantages of a MNC investment?

Answer 3

• jobs created by the company causes positive multiplier effect
• jobs stimulate extra work for local business

Question 4

What are the disadvantages of MNC investment ?

Answer 4

• more highly trained staff in MEDC’s and low pay/lower skilled jobs in LEDC’s
• companies may move if they find somewhere else to move that is cheaper.

Question 5

Direct employment

Answer 5

• Farnborourgh, UK- research and development
• Finland - decisions about products
• USA advertising and marketing

Question 6

Indirect employment opportunities

Answer 6

• Sim cards are made in Taiwan and Singapore
• coltan from Congo
• Coltan processed into material in Australia
• batteries from china