Mattel is an old company which started out in wood products and is now a branched market leader in design with its head quarters in El Segundo, California
Mattel is a manufacturer ,and marketer of family products and Toys .
It was formed in 1945 by Ruth and Elliot Handler and Harold “Matt” Matson(‘Mattel’ is a combination of Elliot and Matt’s names).
Currently Mattel is operating and marketing its products in more than 150 nations around the world , and owning offices in 36 countries.
Mattel’s well known toy brands include Barbie, Fisher-price, Disney entertainment lines, Hot wheels and Matchbox cars , Tyco toys, Cabbage patch kids and board games such as scrabble. In addition ,Mattel promotes international sales by tailoring toys for specific international markets.
3. A. Introduction
Mattel is an old company which started out in wood products and is
now a branched market leader in design with its head quarters in El
Segundo, California
Mattel is a manufacturer ,and marketer of family products and Toys .
It was formed in 1945 by Ruth and Elliot Handler and Harold “Matt”
Matson(‘Mattel’ is a combination of Elliot and Matt’s names).
Currently Mattel is operating and marketing its products in more
than 150 nations around the world , and owning offices in 36
countries.
Mattel’s well known toy brands include Barbie, Fisher-price, Disney
entertainment lines, Hot wheels and Matchbox cars , Tyco toys,
Cabbage patch kids and board games such as scrabble. In addition
,Mattel promotes international sales by tailoring toys for specific
international markets.
4. Issues
-Mattel’s toy manufacturer under managerial control of CEO Jill Barad
from 1997-february 2000 could be characterized with the chief
Executive style being both strict and business-people oriented
Mattel’s road to success had not always been smooth. In 1997
problems of sales deteriorating began sharply and worsened when
Mattel bought a software maker The learning Co.
In 2000 Jill resigned and Robert Eckert became the new CEO
resulting to a turn around.
Robert cut 350 jobs , and sold the software maker , eliminating also
marginally profitable toy lines . He also started buying products
related to literal phenomenon line Harry potter ,also home
electronics , movies , home furniture.
5. Mattel’s Ethical Practices
compared to Other companies
One of the most important aspects of any company is safety of the
employer, employees but most importantly the customer. Mattel
acknowledges this and has made some practices which have
become the company’s culture unlike other companies. Here are
some;
-Mattel partners are required to comply with local and nation laws of
the country it operates such as respecting trademarks , patents,
copyrights
Mattel manufacturing branches and partners are also expected to
adhere to the