NOKIA Flashcards
0
Q
Where and who it hires?
A
- employs 112,000 people world wide
- Research+development in 10 countries
- factories in 10 countries
- offices in more than 150 countries
1
Q
A case study of:
A
A multi national company
2
Q
Why do they operate indifferent regions of the world?
A
- labour costs are low
- cheap land or building costs
- low business rates
- to be close to customers
3
Q
What are the advantages of a MNC investment?
A
- jobs created by the company causes positive multiplier effect
- jobs stimulate extra work for local business
4
Q
What are the disadvantages of MNC investment ?
A
- 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.
5
Q
Direct employment
A
- Farnborourgh, UK- research and development
- Finland - decisions about products
- USA advertising and marketing
6
Q
Indirect employment opportunities
A
- Sim cards are made in Taiwan and Singapore
- coltan from Congo
- Coltan processed into material in Australia
- batteries from china
