period last year. Trinh Thanh Hoan‚ Director of Insurance Management and Supervision Department of Finance‚ commented that: the financial crisis affecting the insurance industry in Vietnam‚ but not heavy. Vietnam’s insurance industry is one of the few lucky industries has overcome the crisis. Revenue growth rate of the insurance industry first 6 months of 2012 has reached a relative situation‚ though not as high as in 2011. Original insurance exploitation activities increased by 11% compared to the same
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2) Undertake a competitor analysis for LEGO’s strongest competitor Mattel Mattel Inc. is the world ’s largest toy company based on revenue. The products it produces include Barbie dolls‚ Hot Wheels and Matchbox cars‚ Masters of the Universe‚ Scrabble‚ Uno‚ American Girl dolls‚ board games‚ and‚ in the early 1980s‚ video game consoles. The company ’s name is derived from Harold "Matt" Matson and Elliot Handler‚ who founded the company in 1945. Handler ’s wife‚ Ruth Handler‚ later became president
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Media and Communication‚ Pune Brand Management Prof. Atul Tandon Lego Case Study Lego – The way the world plays An Introduction: LEGO Lego) is a privately held consumer product company engaged in the manufacture and distribution of a wide range of toys‚ video games and online games. A powerful and instantly recognized global brand has been a key feature of Lego’s success. Lego has worked hard to establish this brand through a number of routes. The
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Case Write-Up: LEGO Group-An Outsourcing Journey Q1 LEGO’s main expectations and learnings from the relationship with Flextronics LEGO’s main expectation was to optimize its global supply chain by saving cost and reducing production complexity from the cooperation with Flextronics. However‚ the contract between those two lasted for only 3 years. In the end‚ LEGO re-took control of plants in Czech Republic‚ Hungary and opened a new site in Mexico Lessens LEGO received from this unsuccessful
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Growing up working with Legos has led me to a lifelong interest in design. The Lego Architecture sets capture the structural design of real life buildings and use the design of the structural buildings to make Lego Architecture sets to look like real life. The Lego Architecture sets are based off actual places all around the world. My favorite Lego Architecture sets are the New York City‚ London‚ Buckingham Palace‚ Venice‚ and the Solomon R. Guggenheim Museum. These Lego structures gave me the dream
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What has led the LEGO group to the edge of bankruptcy? External threats (macro PEST‚ micro Porter’s 5 forces) giant conglomerates dominating industry (risk of being taken over) p.2 competing rising costs while competitors outsource p.2 pressure from big retail customers with power? e.g. Walmart‚ Target p.2 negative industry trends in toy industry p.1 1) fad toys are rising and product life cycles declining. threat of shortening/declining life cycle despite rise of fad toys‚ steady growth of industry
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UNIVERZA V LJUBLJANI EKONOMSKA FAKULTETA SPECIALISATION THESIS Tatjana MEDIC UNIVERZA V LJUBLJANI EKONOMSKA FAKULTETA PODIPLOMSKI STUDIJ SPECIALISATION THESIS International Business Strategy Of Toys“R”Us For The Norwegian Market Ljubljana‚ May 2002 Tatjana MEDIC Conformation Tatjana Medic‚ a student of the University of Economics in Ljubljana‚ hereby confirms to be the author of this specialisation thesis written under the guidence of Professor Tone Hrastelj. Pursuant to
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1. From early 1990s to 2004‚ the Lego Group‚ a long successful toymaker with a world-renowned brand‚ fell into the edge of bankruptcy. Compared with the highest revenue in 1999‚ the revenue in 2014 decreased by 35.6% while the net profit was negative‚ seven times less than that in 1999‚ the lowest in the past ten years. Its net profit margin and ROE were also the lowest. The gross margin and inventory turnover were all lower than its competitors. The strategic moves in the two main periods “growth
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Lego Case Study Report Introduction The Lego Group was founded in 1932 by Ole Kirk Christiansen. For years of development‚ Lego has achieved the transition from a carpenter’s workshop to a global enterprise. Its Lego brick has been named the ‘toys of the century’ twice and greatly contributes to the company’s stable growth. Nevertheless‚ Lego struggled mightily in the early to mid-2000s. Sales dropped 30 percent in 2003 and 10 percent more in 2004‚ and the company was destroying about $337‚000
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Lego case study: from Downfall to Revival The Lego Group Case Study Kim In Seok Strategic Management Lego bricks still hold special meaning to many young adults who have played with the bricks in their teenage years. I‚ for one‚ count among those young adults as I was an avid collector of Lego products myself: whenever there were new Lego products released‚ I used to nag my parents to buy them for me and promised to be a ‘good boy’. Thus it came quite
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