Provide an overview of the toys industry. The global toy market was estimated to be $71 billion business in 2007. About 36 percent of the global market was concentrated in North America(about $24 billion)‚ but annual sales in this region were growing at a slower pace. However‚ the asia market had grew at 12 percent in 2006‚ and were expected to grow by 25 percent ‚ especially in China and India.There are about 880 companies in the toys industry. The main key players such as Mattel‚ Hasbro‚ RC2
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Case Study - How Chinese Toymakers Respond to Recalls I. Introduction In 2007‚ the US Consumer Product Safety Commission CPSC announced five different recalls of Mattel’s toy because of the below two issues: 1. 9.3 million play-sets with small magnets inside toys could be swallowed by young children and it may have potential of fatal accident. They included Polly Pocket dolls and Barbie and Tanner 2. Exceed of lead contain of the paint by US safe limit 0.06% of paint. They included 1.5 million
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Merck and river blindness are a good example for Utilitarianism theory because the results brought happiness for both the company and the people. Utilitarianism is an ethical framework that focuses on the outcomes or results of actions. In fact‚ its name comes from the Greek word Telos‚ which means “end.” The two most influential developers of the utilitarian viewpoint were Englishmen Jeremy Bentham (1748–1832) and John Stuart Mill (1806–1873). Under this framework‚ acting ethically means making
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Merck case analysis Follow this format‚ provide *brief* answers. 1. External (use PESTEL framework) - What are Merck’s opportunities and threats? 2. Internal (use VRIO framework)- what are Merck’s strengths & weaknesses? 3. What is Merck’s performance trend? 4. What strategic actions can Merck take to gain and sustain a competitive advantage in the pharmaceutical industry and why? 1. Merck’s opportunities and threats PESTEL FRAMEWORK - Threats A lot of competition from piers Expiring patents
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The Effect of Color on the Ability to Recall and Recreate a Series of Images from Short Term Memory (STM) Problem Statement The purpose of this experiment is to test the role color plays in one’s ability to recall and reproduce a series of objects. Specifically‚ if presented with images in high contrasting color‚ does a person have a greater ability to recall and recreate those images from STM compared to images presented in black and white? Relevance of the Question The information gained from
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Individual Case Analysis Companies in Crisis- What to do when it all goes wrong? Discussion Questions: 1. What should the company do regarding the following specific issues? a. Should the company recall all of its fresh apple juice‚ just those batches considered potentially contaminated‚ or not recall any of the product? I think Odwalla should recall all of its fresh apple juice in order to prevent consumers from having to worry about purchasing the product and getting contaminated
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Contents 2. Abstract 3 3. Introduction 4 4. Theory 5 5. Methodology 7 6. Results 10 6.1. Gender Influence 10 6.2. Nationality Influence 11 6.3. Familiarity Influence 13 6.4. The Influence of the Number of Cues on Car Brands Recall 14 6.5. Priming and Car Brands Recall 15 7. Discussion 16 8. Appendices 18 Appendix 8.1 Questionnaire – First Condition 18 Appendix 8.2 Questionnaire – Second Condition (Primed – Cheap) 19 Appendix 8.3 Questionnaire – Second Condition (Primed – Luxury) 20 Appendix
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lot more thought and decision-making has to go into that process. When we looked at the Levi Straus Case Study in which they shut down one of the manufacturing plants in America forcing hundreds of employees out of work‚ my view on responsible commerce shifted. When I first read the overview of the case I was very anti-Levi as they left so many employees without work however after re-reading the case and analyzing it further my view shifted. I find the main point in Responsible Commerce is people do
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C. Keith “Total Recall the Ultimate Dystopian Narrative” Total Recall is a movie based on Philip K. Dick’s story‚ “We Can Remember it for You Wholesale‚” Total Recall is a 1990 dystopian movie starring Arnold Schwarzenegger‚ directed by Paul Verhoeven. In order to truly discuss dystopia‚ we must first define utopia and then in turn dystopia. A utopia is a place‚ or condition that is ideally perfect in all respects. This applies to its laws‚ customs‚ practices‚ and living conditions. A dystopia
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Summary of Case Mattel’s Toy Recalls and Supply Chain Management This case talks focuses on the event in the year of 2007 when Mattel – the leading global toymaker – voluntarily recalled its toys from worldwide stores. Mattel’s name is synonymous worldwide for its most famous product – the Barbie Doll. The recall was initially for 83 toys which had excessive lead paint and soon after 6 more products we recalled which had a design problem of small magnets coming off the toys in addition
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