aspect of business. They keep businesses running smoothly and keep them from hurting each other and the consumers. There are laws that control interstate‚ intrastate‚ e-business and‚ international business. They control manufacturing‚ distribution‚ shipping and employment. Patents‚ trademarks‚ and copyrights are all protected by the law. Companies can be held to product safety laws concerning product
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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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as Crayola. These partnerships allows Mattel to capitalize on the trademarks‚ characters‚ or inventions of the licensor in products Mattel sells as well as build strong relationships and increase revenue. Worldwide distribution network. Mattel’s guiding principle‚ “Everyone Plays‚” has allowed the company to understand business opportunities worldwide and develop products that shows the diversity of the various cultures. Currently‚ half of Mattel’s revenue comes from global operations outside
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Responsibilities Paper In the United States‚ it should not be about "self-interest" but rather our moral and ethical obligation not to sell items to other countries that could harm others. Therefore‚ I disagree with the statement "it is acceptable to sell products banned in the United States in other countries (i.e. where permitted by other countries due to differences in national policies)." One example of unethical behavior is a case back in 1978‚ involving a company called Troxler Hosiery who was found
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Republic Act No. 7394 THE CONSUMER ACT OF THE PHILIPPINES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: ARTICLE 1. Short Title - This act shall be known as the "Consumer Act of the Philippines". ARTICLE 2. Declaration of Basic Policy -It is the policy of the State to protect the interest of the consumer‚ promote his general welfare and to establish standards of conduct for business and industry. Towards this end‚ the State shall implement
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Chapter 3 question 1: Distinguish between a generic market and a product market. Illustrate your answer. A generic market is a market that offers a diverse product as a way of satisfying the consumer. An example is shown on page 62 of the text as the Flam and the Panini sandwich. The products are different but serve the same need to the customer. A product market is a market that offers close substitutes to satisfy the customer need. I think of this as Coke and Pepsi. Chapter
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Mattel toy recall Discussion Questions 1. How could Mattel have allowed these problems to happen? Aside from simply not using Chinese suppliers‚ could Mattel have avoided the toy quality/safety problems to begin with? Explain your answers. 2. Were Mattel’s responses to the toy recalls appropriate? Why or why not? 3. As supply chain trading partners‚ what responsibilities do Mattel and Early Light have towards one another? Should Mattel continue to use Early Light as a supplier-partner
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Bike riding is a great way to get exercise and fresh air and share time as a family. But before you and the kids rush out and start pedaling‚ there’s an important factor that you need to consider — safety. Helmet Basics Bicycle helmet use should not be optional for anyone in your family‚ no matter where you are or how short the ride. In many states it’s the law. Here’s why: Many bike accidents involve a head injury‚ so a crash could mean permanent brain damage or death for someone who doesn’t
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Mattel – Case Study “The Chinese-Made Toy Recalls at Mattel Inc.” PAPER submitted at the IMC Fachhochschule Krems (University of Applied Sciences) Master Programme International Business and Export Management by Matthias EBNER Stefan RAFFERSEDER Jaroslav SIVY Course: Strategic Purchase and Global Sourcing Lecturer: DI Rainer DAUBECK Submitted on: 04.12.2012 TABLE OF CONTENT ADDITIONAL INFORMATION .......................................................................
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realizes the danger these Asian and Chinese seafood imports pose to the American people‚ I am concerned that it requires congressional prodding of the FDA to take the steps necessary to keep the American consumers safe. No serious injuries or fatalities were reported in the United States. Safety and health concerns were not limited to food. In November 2006 the retailer Target recalled 200‚000 Kool Toyz action figures because of lead contamination and sharp edges. On June 13‚ 2007 RC2 Corporation
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