Case Analysis: Mattel and Toy Safety Introduction Mattel Corporation is the largest toy company in the world‚ a publicly traded organization with a market capitalization of over $6.5 billion‚ employing approximately 36‚000 people worldwide in 42 countries. Their products are sold in 150 nations (mattel.com). In the summer of 2007‚ Mattel suffered a major product recall incident. The first recall was the result of vendor failure in China where traces of lead paint were discovered
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of shipping and inspecting the mail I receive. While I am home I care for our two year old son and my seven year old daughter. One of the most important things to me is their safety. With all of the ciaos with plastic toys not being safe it is very important to keep up with the United States Consumer Product Safety Commission. The last part of my day either includes homework through the internet‚ listen to the radio‚ or a television show on local programming television station. The internet‚
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fireworks. The potential personal liabilities for injury to consumers caused by fireworks can be devastating to those involved but taking precautions and having warning labels/notices can reduce these risks. Taking on larger business sales of fireworks should include changing from a sole proprietorship to a LLC. With this transition there would also be an increase in employees or independent contractors in order to manufacture more product for the high volume of orders. Creating a valid contract
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Introduction First and foremost‚ I had been chosen the topic of product safety to do my business ethics individual assignment. Nowadays‚ we can see that some of unkind merchants who produces unsafe products to the consumers‚ that some of consumers had been injured after used their products. Those are the factors that I would like to decide and discuss the issues of about the product safety that also related the issues of the foods product‚ toys product‚ automobile cases from Toyota and Ford Pinto and cases
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Government‚ The Consumer Product safety Commission (CPSC) and licensors such as Disney and Sesame Workshop. These are the main parties that have a stake in the organisation and who are affected by the companies actions. In the recall‚ Mattel catered to some of it’s stakeholders. Whether timely enough or not‚ Mattel catered to it’s customers in the recall. By making the recall and releasing a statement explaining the procedure‚ they risked their reputation at the stake of their customers safety. I believe
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CASE STUDY: “Consumer Rights and Product Safety: Mattel” Who: Mattel‚ Early Light Industrial Co.‚ Hong Li Da‚ Lee Der‚ United States‚ European Union‚ China When: August-November 2007 Where: Honk Kong‚ China‚ United States‚ United Kingdom What: In 2007‚ a number of recalls affected Chinese products as diverse as toothpaste to pet food to toys. In the toy industry‚ companies such as R2 Corporation and Mattel‚ the largest toy-maker in the world‚ responded to safety concerns by recalling over
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over 100 countries. This organization’s mission is to nurture creativity‚ whether it is in a kid or an adult. It distributes a range of toys‚ puzzles‚ and craft-based products worldwide but enjoys greatest success in North America‚ where Mega Bloks is one of the top 10 toy brands. In 2003‚ MAGNETIX® products were introduced to consumers and were a hit. Kids were engaging in building the construction sets for hours at a time. However‚ this popularity would not last long‚ when a mother claimed that her
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business bureau (BBB)-Non-profit organization is sponsored by local business. It offer a variety of consumer services at no charge to help with consumer complaints.It can provide consumer education materials‚ answer consumer questions‚ and provide general information about a company’s consumer complaint record. Food and drug administration (FDA)-Federal agency that was formed to set and enforce safety standards for food‚ drugs‚ and cosmetics.They have the authority to stop the sale of an item under
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Product Recalls Alexander Rodgers BUS 670 Legal Environment (NAF1215B) Kim Stock-Foster May 21‚ 2009 made up so that it can be seen things can go on here at any point and time... Product Recalls In order for a corporation to be successful it should produce products that are effective and reliable. To create a product that is high quality and a low price is the idealistic procedure that any business should operate on. High profits for corporations do not always develop as
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that the pajamas contained the fame-retardant chemical TRIS‚ which had been found to cause kidney cancer in children. The U. S. Consumer Product Safety Commission quickly moved to ban the sale of the product and recall millions of the item. Due to the high toxic of this chemical in the clothes they couldn’t even be thrown away. So the Consumer Product Safety Commission had to find away to dispose of this chemical. Ironically ads popped up wanting to buy any garment that contained the TRIS. There
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