of Global Compact Principles. In contemporary periods‚ the behaviors of business ethics and social corporate responsibility have been regarded as one source of competitive advantages for the majority of multinational firms. In other words‚ the companies are more willing to follow the principles of Global Compact in order to build up the competitiveness for achieving long-term benefits. In the following parts‚ I will list the key point of Global Compact Principles. In addition‚ two principles which
Premium Business ethics Corporation Ethics
1) What was Jill Barad’s primary goal for Mattel in 1996? What strategy did she choose in order to pursue these goals? Answer: The primary goal of Jill Barad for Mattel was to increase earning per shares by 15% per annum compounded before the effects of any acquisitions. The following are the 4 elements of her strategies: 1. Continue with the highly profitable practice of extending the company’s existing brands (e.g. she had plans to further develop a line of collectible Barbie dolls); 2. Develop
Premium Mattel
Mattel by Felicia Martinez Overview It is hard not to think of Mattel when one thinks of toy manufacturers. After all‚ in 1959 when Mattel introduced their product the Barbie doll they became the forefront of the toy industry and have not backed down from that position since. Before they became the toy industry giant they are today Mattel simply started in a garage workshop in Southern California by entrepreneurs Ruth Handler‚ Elliot Handler‚ and Harold Matson. Harold Matson soon sold his
Premium Mattel
#07 - Teaching Case Study Hazardous Toy Recalls at Mattel‚ Inc. Key words: Chinese manufacturing‚ outsourcing‚ product recalls‚ global supply chain risk Type of submission: teaching case study Hazardous Toy Recalls at Mattel‚ Inc.[?] Abstract In 2006 and 2007 Mattel‚ Inc. was faced with massive recalls of Chinese-made toys due to potentially dangerous levels of lead in various toy model surface paints and small magnets in toys which could fall off and be swallowed. This
Premium Mattel
Case 15 Mattel Inc. ‘’The serious business of making toys’’ Mattel‚ Inc.: the serious business of making toys Case 15 Mattel‚ Inc. is the world leader in designing and manufacturing family products such as Barbie‚ American girl‚ hot wheels and cabbage patch kids. With a 5.5 billion in annual revenue and products being marketed in more than 150 countries around the world this company has managed to stay very successful and incredibly ethical throughout the years. These are some of the
Premium Ethics Business ethics Chief executive officer
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
Premium Supply chain management Supply chain Consumer Product Safety Commission
Introduction: 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
Premium Quality assurance Quality control Management
1 e Conduct internet research on China. Are there any possible barriers that toy manufacturers from Europe and North America will need to consider? Describe and comment on the market entry approach Mattel initiated in China. Current status? What should Mattel do now in China? Internet Research on China Population 1‚349‚585‚838 (July 2013 est.) Age structure 0-14 years: 17.2% (male 124‚773‚577/female 107‚286‚198) 15-24 years: 15.4% (male 109‚922‚192/female 98‚325‚568) 25-54 years:
Free Population Demography World population
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 .......................................................................
Premium Supply chain management Supply chain Consumer Product Safety Commission
Lean Manufacturing Principles: A Comprehensive Framework for Improving Production Efficiency by Auston Marmaduke Kilpatrick B.S. Mechanical Engineering‚ University of California‚ Los Angeles B.A. Philosophy‚ University of California‚ Los Angeles Submitted to the Department of Mechanical Engineering in partial fulfillment of the requirements for the degree of Master of Science in Mechanical Engineering at the Massachusetts Institute of Technology February 1997 © Massachusetts Institute
Premium Lean manufacturing Manufacturing Inventory