What Went Wrong at Mattel The toymaker is recalling more dangerous toys made in China. Its troubles may be a warning sign for other multinationals Elmo‚ Barbie‚ Big Bird‚ and Dora. They are some of the most familiar and best-loved children’s characters. Now they’re caught up in the global debate about the safety of Chinese-made products. Mattel (MAT)‚ the world’s largest toymaker‚ announced on Aug. 14 an expanded product recall‚ involving vehicles based on the hit movie Cars that had lead paint
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The Underlying Causes of WWI WWI--the battle of the world: Bulgaria‚ Ottoman Empire‚ Austria-Hungary‚ Germany‚ Russia‚ Belgium‚ Great Britain‚ Japan‚ Romania‚ China‚ and the United States. The nations were categorized as either Central Powers or Allies--the Central Powers included Bulgaria‚ the Ottoman Empire‚ Austria-Hungary‚ and Germany‚ while the Allies involved the other stated regions above. The war was caused by numerous underlying reasons: the fight for more land and security over each other
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What Were the Primary Reasons for the “Fall” of Rome? By 200 BC‚ Rome was quickly becoming one of the world’s greatest empires with their excellent military conquering territory from modern day Scotland to Spain. After the Punic Wars and the defeat of Carthage‚ Rome had full control of the Mediterranean region‚ establishing colonies in North Africa‚ Egypt‚ the Middle East‚ and Asia Minor. Julius Caesar became Rome’s first emperor using his military influence. Under his reign‚ Rome shifted from
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scientific explanations‚ science is the key to modernity and implies that religion does not have the power to explain. The Enlightenment began in Europe in the 1700’s and spread to many parts of the world‚ it built on the scientific revolution and was a philosophical drive which dominated in Europe‚ the primary goals of Enlightenment thinkers were reason‚ tolerance‚ progress‚ liberty an ending the abuses of the church and the
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MATTEL CASE I. OVERVIEW Mattel was founded in 1945 by Elliot and Ruth Handler. The couple started out making furniture to sell out of their garage. This business was a success‚ but they wanted a new business approach to remain competitive in the fast-changing world. So‚ they turned to making toys‚ and Mattel became the world’s largest toy company‚ with a revenue of $5.8 billion and a net income of $684 million in 2010. Recently‚ the company commissioned Chinese companies to produce some
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1) What was Jill Barad’s primary goal for Mattel in 1996? What strategy did she choose in order to pursue these goals? Answer: The primary goal of Jill Barad for Mattel was to increase earning per shares by 15% per annum compounded before the effects of any acquisitions. The following are the 4 elements of her strategies: 1. Continue with the highly profitable practice of extending the company’s existing brands (e.g. she had plans to further develop a line of collectible Barbie dolls); 2. Develop
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Background As a global leader in toy manufacturing and marketing‚ Mattel faces a number of potential threats to its ongoing operations. Like most firms that market products for children‚ Mattel is ever mindful of its social and ethical obligations and the target on its corporate back. This case summarizes many of the challenges that Mattel has faced over the past decade‚ including tough competition‚ changing consumer preferences and lifestyles‚ lawsuits‚ product liability issues‚ global sourcing
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1. Do you think the primary cause of the failure of the two companies that led to the bailout was a management failure‚ a worker failure‚ a shareholder or customer failure‚ some other reason‚ or a combination of the above? Why is that the case? General Motors was founded by William “Billy” Durant on September 16‚ 1908 and has several brands under names such as Chevrolet‚ Cadillac‚ and Buick. Chrysler was founded by Walter Chrysler in 1925 and it also has many brands such as Jeep‚ Dodge‚ Ram‚ and
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time before the primary shots discharged at the Battle of Gonzales. In the mid year of 1820 a 59 year-old Missourian named Moses Austin approached the Spanish Authorities for an sociable land tract which he needed to use to pull in American Pioneers. To many’s surprise in mid 1821‚ the Spanish government gave him consent to settle 300 families. Spain had invited Americans to assist build up the land and to give a cradle against the unlawful U.S. migrants who were causing problems. In spite of the
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it encouraged African Americans to take a stand and demand civil and political rights. All seemed well in the renaissance until the stock market crashed in 1929. Many seem to argue that the stock market crash was the primary cause of the end of the Harlem Renaissance‚ but there were many other factors that contributed such as civil unrest‚ the NAACPs change of focus‚ the prohibition act‚ and the great depression as a whole. On March 19‚ 1935‚ a riot occurred in the Manhattan neighborhood of Harlem
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