A Multi-National Company: Nokia
- Created by: Neuron
- Created on: 07-06-16 20:53
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- A Multi-National Company: Nokia
- A Finnish company whose headquarters are based in Helsinki
- Originally produced timber and rubber products
- Also produced telephone cables
- Brought a company manufacturing mobile phones
- It employs over 100,000 people in 120 countries worldwide
- Nokia has located in many countries to reduce costs
- Therefore looking for cheap labour, low land cost and low business rates.
- As well as in the USA, UK, Finland, Germany and Japan where Skilled workers are available
- Economic Effects on Countries
- New employment opportunites
- New Science and Technology parks
- Increased taxation to national and local government
- Greater sale volumes for Nokia
- Multiplier effect in local areas creating more jobs
- Social Effects on Countries
- Better Quality of Life for people as wealth increases
- Increase in social amenities like pubs, restaurants, shops, etc.
- Local Governments spend more to improve the region by reclaiming derelict land
- A Finnish company whose headquarters are based in Helsinki
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