Mattel Case Analysis Problem Definition The problem surrounding Mattel Inc. is their mismanagement of international subcontractors and vendors and the production of certain toys (the manufacturing process)‚ as well as their inability to adapt their marketing strategy or product to the constantly changing “demographic and socioeconomic trends.” This is supported by Mattel’s legal battle with Carter Bryant and MGA‚ their forced recall of certain toys that were manufactured overseas‚ and the increasing
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Jonathon Brown Professor Jun Philosophy 2033 July 5‚ 2013 Virtues We’ve all heard the famous quote “patience is a virtue”. As true as this statement is‚ I don’t think we really grasp the meaning of what a virtue really is. I would describe a virtue as a morally good character trait that one is not born with‚ but must strive for. Patience is a perfect example of this. No child is born with patience. Many times a child will interrupt the mother who is in the middle of a conversation because
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Mattel Toy Recall Jesse Cuviello‚ Heather Kronstadt‚ Sean Murphy‚ Christopher Lewonka 1. What are the main issues involved in the case? Mattel had five recalls in 2007 involving over 21 million toys. The problems were related to lead paint and poorly designed magnets. Most of the toys were made in China‚ which caused them to question the reliability of the Chinese manufacturers. At first‚ Mattel tried to put all the blame on the Chinese manufacturers as a denial
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BUSINESS 501 ETHICS The Case of the Mattel Toy Company According to the instructions for this case study‚ three virtues were to be chosen to identify with the case study. In keeping with the instructions‚ I have chosen Honesty‚ generosity and justice as the 3 virtues to associate with the case. Stanford Encyclopedia of Philosophy states‚ “A virtue such as honesty or generosity is not just a tendency to do what is honest or generous‚ nor is it to be helpfully specified as a “desirable” or “morally
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12400 Yizhou Hu Luck‚ Virtue and Happiness The idea that non-virtuous people is possible to be better off than virtuous people like Priam seems to acknowledge that happiness is ultimately determined by luck. Indeed‚ by emphasizing that certain amount of fortune is necessary to happiness‚ Aristotle focuses on the relationship between luck‚ virtue‚ blessedness and happiness in Chapter 8 of Book 1. In the end‚ he takes a more intermediate stand toward fortune‚ claiming that virtue is the determinant of
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Ethics One of the important tools that our society needs today is the ethical development. We discussed the similarities and differences of utilitarianism‚ the virtue theory‚ and deontological ethics. Thus‚ further understanding of these behaviors will enable an individual to realize that social responsibility and ethics are important when it comes to business and personal success. We will analyze the differences in terms of how each of these theories addresses both morality and ethics. Thus‚ we
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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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Ethics Comparison Anthony Phillips University of Phoenix Ethics 316 Aaron Rawls 10/13/2014 Ethics Comparison This paper will compare the similarities and differences between virtue theory‚ utilitarianism‚ and deontological ethics. This comparison will provide a description of the differences in how each theory addresses ethics and morality‚ and a personal experience to explain the relationship between virtue‚ values‚ and moral concepts as they relate to one of the three theories. Virtue theory states
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Business Ethics and Corporate Social Responsibility Case Study: GAP Inc. Business ethics can be described as the ethical dilemmas that arise within a business setting. GAP Inc.‚ similar to most other multinational corporations (MNCs)‚ has faced numerous ethical issues in the past. Since 1995‚ GAP’s image has been continuously tarnished through allegations of exploitive working conditions‚ cheap labour‚ and hostile environments overseas. One ethical issue surrounding GAP Inc. emerged
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theory is a theory of ethics that holds that there are moral laws found in nature and discernable by the use of reason” (MacKinnon 2015). This theory law theory identifies the actions of humans and categorized them either right or wrong. Virtue Ethics is often used to define characteristics standard of a person. Virtue Ethics normative theory that maintains that the focus of morality is habits‚ dispositions‚ and character traits” (MacKinnon 2015). Natural law and Virtue Ethics could be compared side
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