Miami Toy Company

Revisit the selling price of specialty branded doll #106 based on the customization requirements by the customers.

Specialty Toys, Inc., sells a variety of new and innovative children’s toys. Management learned that the preholiday season is the best time to introduce a new toy, because many families use this time to look for new ideas for December holiday gifts. When Specialty discovers a new toy with good market potential, it chooses an October market entry date.

This paper will summarize the ERR articles from the bulleted topics and issues. This paper will also include summaries on toys that may encourage violence and aggression, toys that may promote pro-social behavior, gender stereotyping in toy selection, and cultural stereotyping or, lack of cultural awareness in toys.

The purpose of this memo is to document and evaluate the business risks faced by Toy Central Corporation (TCC), as well as audit risks, accounting issues identified, and management assertions affected.

The CEO of VTB, John Gilbert recently returned from American International Toy Fair and met with CIO, Bob Stetzel, to discuss the vision of the company. Gilbert mentioned that there had been a lot of interest in classic toys. He also highlighted the need for VTB to be able to satisfy all their orders, should a product’s popularity suddenly spike. Their main vision for the company was to propel their products to sell beyond seasonal dates and current target audiences in order to smooth the peaks and to be regarded by their customers as the ‘best high-end gift business in the country.’

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 rate at which traditional toys are becoming less appealing to today’s young audience. Essentially, Mattel’s mismanagement and oversight lead to violations in terms of ethical and social responsibilities and safety standards.

We are delighted to have the opportunity to examine Star Wars because we feel intimately connected to the film and all that it represents. We grew up with R2D2, C3PO, Luke Skywalker, Princess Leia, Han Solo, and Chewbacca. We dressed up like them for Halloween, we played Star Wars games for countless hours, we imagined ourselves using their futuristic technology, and now we want to study how this artifact has affected our society and how it might affect our future.

Toys play quite an important role in children’s lives, along with their socialization. Kids spend a vast amount of time playing with toys, alone and with their peers or parents. In todays age when it comes time to buying gifts for children everything is color coded. There are many boundaries that separate

Today, I can walk into almost any toy store in America and expect to get bombarded by plastic figures with extreme bodies. But if I were to play this same scenario out in previous time periods, I would find it difficult to encounter the same types of products. This is because children’s toy trends have shifted in America throughout the 20th century. I recently came across an article from TIME magazine that reflects this idea. In it, author Allie Townsend, managing editor of Facebook, ranks 100 of the most influential American toys since the 1920’s.25 I moved through the list from the beginning, and rarely did I come across a toy resembling a doll or action figure until decades later. The toys that populated the store shelves during the first

Lucas’ movie Star Wars Episode IV: A New Hope, was not only the biggest sensation of its time,”...winning seven Academy Awards…” (Kiminski 10) , but also a substantial influence on the toy world. Lucas stated in his interview, “Ten year old boys will

Founded in 1975, Custom Molds Inc. is the producer and supplier of bespoke molds and plastic connectors to the electronics industry. Building on its reputation, the company expanded in-house operations in the 1980s to include the limited production of plastic parts geared towards R&D based initiatives. During the early 1990s, the company realized that the shifting structure and market environment of the electronics industry was starting to impinge on the company’s manufacturing processes. This created a host of issues.

Product development: Using the plastic moulding skills, it can develop new or improved products that will appeal to the customers (for example, improved skylights to reduce heat loss).

Custom Molds Inc., manufactures custom designed molds for plastic parts and produces custom made plastic connectors for the electronics industry. Established in 1987, the primary focus was to provide manufacturers or electronic connectors a source of high-quality custom-designed molds for producing plastic parts. After building a strong brand reputation through the designing and fabrication of precision molds, Custom Mold’s expanded into the limited manufacture of plastic parts. The operations at Custom Mold’s include a process for fabricating molds and a second process for producing plastic parts.

One of the benefits of expanding the MMDC’ line is that the line has already demonstrated the commercial viability of the matching doll and child clothing model. The concept has a proven track record and now the company has only to further build on this successful model. Furthermore, the recent positive publicity engendered by the celebrity sightings, will create an even greater demand for the product, and will allow for the maintenance of premium pricing. We believe that the expanded line will be at least as profitable as the existing line.

In 1991, the entry of Toys “R” Us would displace more people from jobs than the opportunities it would create. The displaced people also include old people above 60 for whom this is a safety net post retirement. Japanese economy was in a state of virtual full employment with qualified male graduates preferring local employers to foreign establishments. Yet it will give employment opportunities for Japanese women