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A transnational corporation - Nokia - Coggle Diagram
A transnational corporation - Nokia
Nokia makes mobile phones.
Nokia also hires very highly skilled people
Nokia also hires people who don't have high qualifications
Nokia is based in Finland
Nokia has a headquarters in Finland
Nokia also wants to leave Finland for production
Nokia had to terminate 3500 jobs in Romania.
Nokia wants to move to NICs.
Nokia wants to move because
Low Labour costs
Reduce overall costs
Cheap land
Low building costs
Low business rates
Where is Nokia going?
Nokia is moving to parts of Asia.
Vietnam has good reception.
China
South Korea
They had no choice to move.
Nokia had to move to Asia as it has become a center for electronics production.