Multinational Corporation Case Study = Nokia

Headquarters are beased in Finland

 
Has around  101,000 employees across 120 countries

 
Sales in more than 150 countries

 Annual revenues of around €30 billion 

Based in Chenai, India

Provides 30,000 jobs in factories

70% of thoose employed are women aged 18-24, many are let go before child bearing age so they do not have pay maternity leave

Nokia locates in the LIC India as tax, labour and factory costs are low

 India has cheap labour costs so workers do not get fair pay meaning they're unable to support families so children cannot get a good education

Manufacturing abroad means its cheaper for consumers

It employees 112,000 people worldwide and has sales offices in 150 countries

Employs 2000 people in the UK at 3 sites, 2 of which are close to Cambridge and the 3rd in the M4 corridor

• Pollution caused by the factories - lower standard of regulation
• Jobs for local people
• Local people can learn new skills
• Development of local infrastructure

• Development of mineral wealth
• New energy projects such as dams built
• Large-scale pollution in lakes and rivers

• By manufacturing in Europe Nokia can avoid having to pay tariffs in the EU
• Improve the quality of life of people living in the region