In a case regarding the shape of a flashlight; Mag Instruments ‚ the European Court of Justice (ECJ) ruled that the relevant public’s perception of 3D trademarks was certainly different from its perception of word and verbal trademarks. As indicated by the ECJ‚ if a realistic or printed component is inadequate with regards to‚ general society is not used to inferring the source of the item from its shape or bundling. On account of a 3D trademark‚ deciding uniqueness could be more troublesome than
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G.G. Toys – Nele Rieve – E01487695 – 10/14/2014 G.G. Toys is a leading manufacturer of high-‐quality dolls located in the US. The company is popular for its “Geoffrey dolls” but‚ due to rising product costs‚ has included customized dolls and cradles in its product mix. Two plants are used for the
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Principal Agents: Mattel manufacture and commercializes toys since 1945; now a day owns top brands such as Barbie‚ American Girl‚ Fisher Price‚ Hot-Wheels and Matchbox among others. In their financial for the years 2006 and 2007 they reported net sales of USD 5.6Bn and USD 5.8Bn and a net income of 592Millons and 599 respectively. Since 1959 the company had has experience manufacturing abroad; there are two types of manufacturing strategies the first are the core products (long run toys‚ such as Barbie)
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3.2 Targeting for launching the traditional toy: Targeting is basically selecting an aimed segment after evaluating various market segments. With the completion of market segmentation‚ it is necessary to do the targeting of the market after carefully evaluating each segments ( Armstrong & Kotle‚ 2014). The company now requires to decide‚ which market segment needs to be concentrated‚ in order to reach the company’s goals and objectives. The toy company has three different strategic approaches
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wish they could. Toys of hope is an organization that aims to help those families in need. The guiding principal behind their mission is that “all children‚ regardless of financial status‚ race‚ religion or nationality‚ are deserving of those things which can help give them a happier and more fulfilling life. A new toy can mean everything to a needy or homeless child. It provides fun and enjoyment and gives a child a sense of pride in having something of their very own.” Toys of Hope is a nonprofit
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In the summer of 2007‚ Mattel‚ the largest toymaker in the US‚ saw its sales dip sharply when it recalled its Chinese-made toys several times. The recalls also led to public hearings in the US Congress‚ which significantly affected its reputation. Like other toymakers‚ Mattel had been relocating its production abroad and outsourcing the manufacture of parts and components. In 2007‚ Mattel produced 65% of its toys in China.1 In contrast to its competitors‚ however‚ Mattel understood the importance
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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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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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Case Study 1 Question 1: How can Second Life provide value to businesses that use it? Answer: There are some main values that Second Life can bring to businesses that use it is: Firstly‚ firms can use Second Life to advertise and marketing their brands for millions of users of Second Life. Especially‚ this is a very good way for small and new businesses when they want to built up their brands because using Second Life or other virtual world can reduce the cost of advertising and easier to attend
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Dinky Company produces small gadgets with brief economic lives. They have received firm commitments for one of their products in development‚ with a market life of the next three years. In order to begin production‚ Dinky must purchase additional machinery and lease additional production facilities. We will use the NPV to determine whether or not initiating production is in the best interest of Dinky Company. Question 1: Calculate Dinky’s weighted average cost of capital using market weights
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