Explore BrainMass

Nokia - Political Risks and Resolutions of Doing Business in China

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Visit its website at www.nokia.com and focus your attention on what this well-known MNC is now doing in Asia.

1. What political risks does Nokia face in Asia, particularly China?
2. How can Nokia manage these risks?
3. How can effective international negotiating skills be of value to the firm in reducing its political risk and increasing its competitive advantage in this area of the world?

APA format for any quotations or citations

© BrainMass Inc. brainmass.com October 25, 2018, 9:48 am ad1c9bdddf

Solution Preview

According to a special report on doing business in China, Jim Hemmerling, Senior Vice President of Boston Consulting Group in partnership with the Wharton University of Pennsylvania, suggested multinational corporations (MNCs) "that have had the most success in China are those whose top managers have gone out their way to stress the importance of their China businesses in relation to their global operations" (Mark and Hammonds, 2013, p. 1).

Nokia was forced to merge its infrastructure network with Siemens in an attempt to compete with China's Huawei, which is number two in the world's mobile infrastructure equipment provider. China has a history of maintaining a culture of political bribery and corruption. The economy is slowing down, compiled with restricting problems. There are also high governmental licensing fees, mounting social pressures and public relation campaign crackdowns against foreign companies which add even more political risks. The environment for MNCs in China is growing tough ...

Solution Summary

This post comprise 559 words and will give the student a more comprehensive look into the risks that may be involved for MNCs doing business in China.

See Also This Related BrainMass Solution

Case Study: Google in China and the Chinese business negotiation process

See attached files.

Review the case study of Ericsson's negotiations with the Chinese telecommunications organisations. Drawing on the topics and theories that you have studied in this course, write a Discussion posting that describes what Ericsson did that was effective and what it did that was ineffective in its approach to cross-cultural management. In explaining your answer, make specific reference to at least two of the following cultural dimensions: communication, ethics, relationships, marketing, human resource management, and cultural characteristics (using any of the models that you have studied) specific to the Swedish or Chinese culture.

Please see the link below to the TI corruption index which should help with the DQ in this final week.


View Full Posting Details