2. 1 Current Ratio Table 1: Current Ratio of Mattel in 2010, 2011 and 2012($ thousands) |Year |Current Ratio =Current Assets/Current Liabilities | |2010 |$3,226,610/$1,350,282=2.39 | |2011 |$3,443,707/$1,038,928=3.31 | |2012
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in their factories. While it is the goal of every company to continually increase profits, a company should not do so at the expense of another person or culture. Mattel is a company that took it upon themselves to change the way they did business, and improve the lives of their employees working in their overseas factories. Mattel saw the looming public relations storm, and worked to make changes to their policies in order to improve the quality of life and safety for their overseas factory
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Mattel is recognized as the global leader of toys design, manufacturing and marketing. Company’s product lines includes the brands such as Barbie®, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco R/C®, as well as Fisher-Price® brands family. Mattel has been putting significant focus on corporate responsibility resulted in the recognition in the various rankings, including FORTUNE Magazine's "100 Best Companies to Work For" and Corporate Responsibility Magazine’s "100 Best Corporate Citizens"
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we should act, as there are no clear principles for guiding action other than “act as a virtuous person would act given the situation.” (2010). In this paper, I will address and define three of these virtues, apply each virtue respectively to the Mattel: GMP case, and describe which normative ethic was the most useful in evaluating the case. Courage, Fairness and Honesty According to Dictionary.com, courage is the quality of mind or spirit that enables a person to face difficulty, danger, pain
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... 111 B. India’s Economic Liberalization and Mattel’s Second Chance at Success...................................................................................113 1. India, the IMF, and the World Bank ...................................113 2. Mattel in India from 1993-2010 .........................................115 III. UNDERSTANDING WHY BARBIE FAILED IN INDIA.............................. 120 A. Barbie’s Body as an Indecent Representation of the Female Form ...............................
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violate business ethical values. Background Mattel founded in 1945 is one of the largest toy companies in the world (Fortune, 2008). Although Mattel is a major toy company, there are many unethical issues found. Firstly, Mattel`s products contained lead paint and tiny magnets that could be swallowed (Mauro, 2007). Secondly, Mattel recalled toys frequently as there were five recalls in less than a year (Mattel.com, 2010). Thirdly, the packaging of Mattel`s product contributed to rainforest destruction
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Consequently, during Indonesia’s history, its forests have been continually exploited, meaning deforestation and forest degradation have been inevitable. This paper will emphasize on deforestation caused by various world famous toy manufacturers, such as Mattel, Disney, Hasbro and Lego. The usage of MTH (Mixed Tropical Hardwood) in their packaging means rainforest clearance in Indonesia, since MTH is only pulped at commercial scales in Indonesia, mainly by APP (Asia Pulp & Paper). Not only deforestation
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Introduction I have chosen Marks & Spencer and Mattel because both are well known businesses in the Industry which produce high quality products and have been selling their products worldwide. Marks and Spencer is a leading high street retail business which as Mattel is the largest toy business. Overview of Marks and Spencer Marks and Spencer also known as M&S is a successful global retail business, it has over 21 million people visiting their store every week as they report on their website
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* * How and why is it important for businesses to engage with the media during a crisis? What strategies are successful in external communications for business during such times? Compare & contrast two news stories which centre on a crisis for different businesses giving detailed analysis of each communications strategy. This Essay will begin by reviewing crisis definitions and message strategies. Next it will explore translation strategies used by organisations involved in a crisis
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Management report on supply chain management and quality management ---based on a case of Mattel recall scandal 1. Introduction Experiencing a steady growth, global toy industry has attracted many research in studying this field, in which one of the largest toy manufacturers Mattel Inc. suffered from a recall scandal in 2007. This essay directs at exploring reasons that lead to Mattel’s operation failure in this scandal regarding two key frameworks in global operation management, namely
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