stakeholders who claim both legal and ethical rights. A.B. Carroll‚ (1991). In this paper I will discuss the issue of toy safety in reference to Mattel‚ Inc.‚ one of the world’s leading toy makers. Mattel had ordered a series of recalls of children’s playthings that had been found to be coated with lead paint. The toy recalls had alarmed parents and consumer activists‚ as well as the toy industry‚ retailers who marketed their products‚ and product safety regulators. I will address the following circumstances
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Culture and Organization | Mattel and the Toy Recalls | Responding to recall notice of Mattel’s character toys for lead paint violations | Paulina Gorczyca9/26/2011 | Mattel’s Toy Recall The toy industry is estimated to be a 71 billion dollar market in 2007 (pg.167) with approximately 880 competitive companies with its clear industry leaders. Mattel being number one toy making company in the world has been faced with several conflicts due to the industries strict jurisdiction under
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MODULE 1 THEORIES OF LEARNING: ACT – R (Adaptive Control of Thought - Rational) by John Anderson I. Objectives At the end of the module‚ the students are expected to: a. define ACT – R; b. apply the ACT – R Theory in learning; and c. appreciate the importance of ACT – R in learning II. Introduction of the Topic ACT-R (Adaptive Control of Thought--Rational) is a cognitive architecture mainly developed by John Robert Anderson at Carnegie Mellon University‚ which is also a theory
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Executive Summary The Tombow Pencil Co. established in the early 20th Centaury has survived many difficult times in Japanese history‚ including the Second World War‚ numerous recessions and fundamental technological changes affecting its market. However‚ profits have declined and remained low during the 1990’s despite efforts to modernise. In reviewing this case it is tempting to view its current methods as inefficient‚ with an over-reliance on many subcontractors‚ with the temptation of following
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MG327 Marketing and Society Mattel and the Toy Recalls Q1. Who are Mattel’s stakeholders? Who did Mattel cater to in the recall? What are the long-term implications of the stakeholder approach the company adopted? Stakeholders are the people‚ groups or organisations that have a direct or indirect stake in an organisation and can be affected by the organization’s actions‚ objectives‚ and policies. Key stakeholders in a business include‚ customers‚ employees‚ shareholders‚ government‚ suppliers
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Starbucks in Japan 00Case Study – Starbucks in Japan 2775585164592000 Executive Summary Thirty years ago‚ Starbucks was a single store in Seattle’s Pike Place Market selling premium-roasted coffee. Today it is a global roaster and retailer of coffee with some 17‚000 stores‚ 40% of which are in 50 countries outside the United States. In 1995‚ with 700 stores across the US‚ Starbucks began exploring foreign opportunities. The first target market was Japan. The potential for coffee sales in Japan is significant
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Mattel and Toy Safety Gabriel Caldwell BUS 250 Pof. Robert Hamamoto May 11‚ 2014 In 2007‚ the Mattel toy company recalled around 20 million of its toy products do to contamination of lead in the paint and safety issues dealing with parts of its products (magnets) that was manufactured in China. The Mattel Company is considered the “global leader’ in toy manufacturing with over 30‚000 people employed in over 40 countries and operates in more than 150 countries. The Mattel Company faces
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G.G. Toys 1. Do you recommend that G.G. Toys change its existing cost system in the Chicago Plant? In the Springfield plant? Why or why not? In the Chicago plant‚ G.G. Toys should change its existing cost accounting system from the legacy or traditional costing methodology to activity-based costing (ABC). In allocating overhead as a percentage of direct labor cost‚ the margins of 9% and 34% in the Geoffrey doll and the specialty branded doll #106 respectively‚ do not reflect the actual cost of
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Harvard Business Case: Ducati Introduction After the introduction of Federico Minoli‚ Ducati has transformed from a company on the verge of bankruptcy into one of the most profitable motorcycle manufacturers in the world. But this is not enough for Minoli‚ who currently considers entering the Harley Davidson niche: introducing a Ducati cruiser. However‚ according to the analysis below – prepared using some basic strategic questions - this would not be a very wise
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Japan and WWII One can say that Imperialism played a huge role for the happening of the Second World War. Japan wanted to become the one and only ruling power in Asia was a good example of imperialism excellence. In Europe it was the same thing also- The Nazi called themselves as socialists and it was their goal to gain control and accomplish all European countries and instill their theories and ideologies everywhere. This type of imperialism led to the events of the Second World War so much so
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