1. What percentage of U.S toys are produced by foreign manufacturers? Why might this be a problem?
2. What two consumer concerns drove severak massive toy recalls?
Adapted from "U.S. toy makers are on a roll" by Rachel Konrad (Associated Press), Houston Chronicle, October 10, 2007, pp. D1 and D5.
Solution Preview
1. Per the article that was referenced, "Over 80 percent of all toys sold in the United States come from foreign manufacturers.". The problem with outsourcing the production of toys to foreign jurisdictions is that ...
Solution Summary
The solution examines foreign manufacturing and consumer concern for toy recalls.
If you were to test-market a new consumer product today for worldwide introduction, how would you select test countries for Europe, for Asia, and for Latin America?
Just a few sentences for each, please include any references please!
What changes in the economy and society have helped create the current occupational environment? How have these changes affected consumer behavior? How have they affected job distribution? What is the impact of telecommuting and globalization? What are some reasons our society has developed into a service-driven society instead
Need some assistance with this question.
If you were the manufacturing manager for a company that manufactures travel luggage, how would you describe the concept of "explosion" and what would you include in your description?
The following events took place for Salsa Inc. during May 2010, the first month of operations as a producer of road bikes:
â?¢Purchased $376,200 of materials.
â?¢Used $323,500 of direct materials in production.
â?¢Incurred $280,000 of direct labor wages.
â?¢Applied factory overhead at a rate of 75% of direct labor
1. Briefly discuss why a domestic company desirous of entering foreign markets might see attractive advantages in forming strategic alliances with foreign companies. What are the risks and disadvantages of such alliances?
2. Explain how exchange rate fluctuations pose a risk to manufacturing companies who rely upon an export
Marketing channels hold risks and opportunities for the toy industry. How have United States toy makers used marketing channel backlash to augment sagging sales?
Toy distributors have suffered in recent years as pricing and marketing-channel costs have risen. This is especially true in the United States toy industry. Over 80
1- Even if production costs are higher in a foreign country, a U.S. firm may establish a manufacturing plant in the foreign country now if:
A) the host government of that country eliminates all quotas.
B) the host government of that country reduces all quotas.
C) the host government of that country increases all quotas.
Springfield Co., based in the U.S., has a cost of goods sold attributable to foreign material orders that exceeds its foreign revenue. All foreign transactions are denominated in the foreign currency of concern. This firm would _______ a stronger dollar and would _______ a weaker dollar.
benefit from; be unaffected by
ben
