Short Case Scenario 4-1

question 174

Essay

Short Case Scenario 4-1
Nokia Corporation, headquartered in Finland, is a world leader in the cell phone industry. Because much of Finland is heavily forested and sparsely populated, it is difficult and expensive to develop a land-based communication network. Nokia created Europe's first digital telephone network in 1982. Today, Nokia has 27 percent of the world market in cell phones, well ahead of their competition.
-What risks might Nokia face if engaging in a licensing arrangement for the production of phones?

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Definitions:

CERCLA Trust Fund

Also known as the Superfund, it is a fund established under the Comprehensive Environmental Response, Compensation, and Liability Act to finance the cleanup of hazardous substance spill and contamination sites.

Car Rental

A service where vehicles are rented out to customers for a short period of time, usually ranging from a few hours to weeks.

NEPA

The National Environmental Policy Act, a U.S. law aimed at ensuring federal agencies consider the environmental impact of their actions.

EIS

The Enterprise Investment Scheme, a series of UK tax reliefs designed to encourage investments in small and medium-sized growth companies.