Q&A: Re: Mattel Toys – How can we retain our faith in a company who has so blatantly let their customers down?!?
Question by bpgagirl22: Re: Mattel Toys – How can we retain our faith in a company who has so blatantly let their customers down?!?
Robert Eckert, chairman & CEO of Mattel, warned @ a news conference last month that there may be more recalls of tainted toys as the company steps up its investigations into its Chinese factories & retests products. Still, the latest action could be another blow to Mattel, which had cultivated an image of tightly controlling production in China. The Consumer Product Safety Comm. also said yesterday that it was considering a possible investigation of whether Mattel notified authorities as quickly as it should have in connection with the Aug. 14 recall. With more than 80 % of toys sold worldwide made in China, toy sellers are nervous that shoppers will shy away from their products during this year’s critical holiday season. Last month, Mattel vowed that it would tighten its controls at its factories in China. Here’s the link: http://www.inrich.com/cva/ric/news/business/metrobusiness.apx.-content-articles-RTD-2007-09-05-0186.html Check out the whole article!
Best answer:
Answer by srikanta
Ther is no point in believing these mnc’s anymore… all they need is money.. Its better to focuss on developing countries and companies based from it than believe a well established mnc.
What do you think? Answer below!