Case #8: Mattel and Toy Safety Case # 8 Mattel and Toy Safety Do you believe that Mattel acted in a socially responsible and ethical manner in regard to the safety of its toys? What should or could Mattel have done differently‚ if anything? I do believe that Mattel took an initiative of social responsibility and acted in an ethical manner. The issue of lead paint was introduced to the business. The company then addressed it to their overseas production facilities and took all
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Week 3 IRAC method Aug 18‚ 2014 Week 3 IRAC method Mattel‚ Inc. v. MGA Entertainment‚ Inc. Case No. 11-56357 (9th Cir. Jan. 24‚ 2013) United States Court of Appeals for the Ninth Circuit Facts This was a litigation case between Mattel‚ Inc.‚ the maker of Barbie dolls‚ and MGA Entertainment‚ Inc.‚ the maker of Bratz dolls‚ Mattel stated claims for copyright infringement and misappropriation of trade secrets‚ and MGA stated its own counterclaim misappropriation of trade secrets. The idea
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The previous crisis of Mattel included that the products were tainted with lead paint and that some of the products had loose little magnets. Both of these faulted products could have caused harm to the children. This is why it was decided to recall all these products and take measured to prevent this from happening in the future. Various stakeholders were affected by this crisis‚ for example parents‚ children‚ manufacturers and investors. Which is why Mattel had to come with a strong crisis communication
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Table of Contents Executive Summary 3 Objective 3 Method 3 Procedure 3 Basic Data Analysis 4 Exploratory Data Analysis 4 Simple Linear Analysis 4 t-Test 4 Coefficients of Determination 5 Scatter Diagrams 5 Residual Analysis 5 Conclusion 6 Multiple Regression Analysis – Two Variables 6 f-Test 6 t-Test 6 Coefficients of Multiple Determination
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Based in California‚ Mattel‚ Inc. designed‚ manufactured‚ and marketed a broad variety of toy products. The company’s core product lines included Barbie fashion dolls‚ Hot Wheels die- cast vehicles‚ Fisher-Price preschool toys along with Disney toys and games like Scrabble (Johnson‚ 2010). Summer of 2007‚ Mattel‚ a global leader in toy manufacturing was faced with a tough challenge of restoring their consumer confidence following several recalls of their toys made in China. Mattel known for possessing
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Manufacturing Systems in the Modernization of Manufacturing Manufacturing system‚ to understand manufacturing system it is first essential to appreciate the context of manufacturing. Manufacturing is the organized activity devoted to the tranformation of raw materials into marketable goods (B.Wu‚ 1996). Manufacturing is the transformation of material into something useful and portable. In the sector of industry‚ manufacturing is called a secondary industry‚ because this is the sector of a nation’s
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The company that I chose to use as the basis for this assignment was Mattel‚ Inc. and Subsidiaries. They have their most recent financial statements available right on their website. This paper will analyze the disclosures related to cash and cash equivalents‚ receivables‚ and inventory. It will also identify the components of cash and cash equivalents. Cash and Cash EquivalentsThe balance sheet lists a balance for cash and equivalents at $997‚734 (in thousands). The disclosure for cash and equivalents
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Operations Management AGILE MANUFACTURING Submitted By: Flores‚ Patricia Joy A. Mojica‚ Krisha May S. Submitted to: Dr. Mario S. Mecate January 2015 DEFINITION Agile is defined as to be able to move quickly. Manufacturing is the making of goods or wares by manual labor or by machinery‚ especially on a large scale‚ from raw materials or unfinished materials. It is the making of a finished product or good ’. Combine the two words together agile and manufacturing it is defined as is an approach
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Manufacturing overhead (also known as factory overhead‚ factory burden‚ production overhead) involves a company’s factory operations. It includes the costs incurred in the factory other than the costs of direct materials and direct labor. This is the reason that manufacturing overhead is often classified as an indirect product cost. Generally accepted accounting principles require that cost of direct material cost‚ direct labor‚ and manufacturing overhead be considered as the cost of products for
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process‚ such as manufacturing process. Next shoring is “the transfer of business or manufacturing processes to companies in a Nearby location. Where both parties may be benefited from one or more of the following dimension of proximity i.e Cultural‚ linguistic‚ political etc.‚ 1.2 Understanding the change in Market‚ Manufacturing Cost and Technology: Over the decade Manufacturing cost‚ market and Technology has played an important role in selecting the location of the Manufacturing industry weather
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