Ethics for toy industry - Essay Example

Only on StudentShare

Extract of sample
Ethics for toy industry

wever, attractive and large though the business is, there are certain concerns associated with the safety standards used in the manufacture of toys and the health implications for their children. There is added concern for this as today the toys’ manufacturing units are located in far off offshore places with varying manufacturing standards (Becker, 2008). These concerns are based on several researches that have found toxic and harmful substances in popular toys. More recently, an environmental research group has found that in a sample of 15,000 toys taken from various toy stores across the US, 1 in 3 contained large amounts of lead, flame retardants and arsenic (Clifford, 2008). These toys were manufactured in the US, China and other parts of the world and freely available in the US, a fact that indicates that either there is lack of adequate legislation or that there is inadequate monitoring of the standards. There may be a lack of legislation that targets specific harmful substances due to inadequate research or due to low public awareness about the harmful impacts of certain substances. For example, it is only recently that research and public opinion against the use of phthalates in toys has led to the development of laws covering this chemical. However, even in the case that there are not adequate legislation or enough public awareness, the continued use of substances like phthalates and lead cannot be justified by the toy manufacturers on an ethical ground. ...
Download paper

Summary

The world toy markets, targeted at children below 14 years were assessed at $80.280 billion in the year 2009 with the largest customers being the United States of America at $23.3 billion [checked from site again and this is the latest. fig] (Zimmy, 2010). The toy market is expected to continue to grow to $83.900 billion in the current year (Zimmy, 2010). …
Author : adriana99

Related Essays

Framework for Assessing the UK Toy and Game Industry.
The paper will describe the uses of a framework for penetrating in the retail toy segment of the United Kingdom. The company chosen for the paper is Mattel which is one of the biggest toy-producing companies internationally. The objective of the paper is to illustrate the opportunities served by the foreign market and measure the market efficiency for Mattel to launch its own retail outlet in the UK.
...
12 pages (3012 words) Term Paper
Financial Educational Board Games (Toys and Game Industry)
5,856.20M El Segundo, CA Namco Bandai Holdings Inc. 4,083.77M Tokyo, Japan Hasbro, Inc. 4,002.16M Pawtucket, RI LEGO System A/S 2,272.69M Billund, Ribe (hoovers.com, 2011) Consumers spent 25.1 billion on video games, hardware and accessories in 2010 (Entertainment Software Association, 2011). The best-selling Computer Games are Family and Children’s Games (19.8%), Shooter games (14.4%), Role-Playing games (12.4%). The Best-selling Video Games Genres are Action (30.1%), Sports (11.3), Racing (11.1%), Children and Family Entertainment (9.3%), Shooter 8.7%), Role-Playing (7.8%)...
8 pages (2008 words) Research Paper
The Chinese Made Toy Recalls at Mattel
Any toy quality/safety problems could be overcome by making manufacturing changes. The article also mentions that there was “lax regulatory enforcement,” (The Chinese-Made Toy Recalls at Mattel Inc., 179) in the factories that Mattel had set up in China, which often meant that“these laws were routinely ignored” (The Chinese-Made Toy Recalls at Mattel Inc., 179); problems of toy quality and safety could clearly be avoided if there was stricter control and supervision of product quality in these factories. Also, this problem of safety and quality could be eliminated if Mattel had...
5 pages (1255 words) Essay
Protestant Ethic
He finds those sources in the Protestant reformation, especially in Calvinism. It is Weber's conviction that factual reasonable capitalism increased out of Protestant asceticism. Christian asceticism, at the start escaping from the world into solitude, had currently directed the world which it had renounced from the monastery and through the Church. But it had, on the entire, left the routinely spontaneous feature of every day life in the world untouched. Now it strode into the marketplace of life, banged the doorway of the monastery behind it, and undertook to penetrate just that every day...
3 pages (753 words) Essay
Business Ethic
It is clear that the government puts up a consolidated fight to come up with the required type of legislations but it is without consultation of the main players in the industry. It is true that the fact that the people have to pay dearly when the cost of the products produced is priced higher than usually is targeted by the manufacturer. Here, Bowie is looking at the negativity of having a company produce goods at the expense of having people in the environment around them face the impact of the environmental degradation. This is what is referred to as a negative externality.
...
3 pages (753 words) Essay
Research Paper: In the US, fashion magazines advertising creates unrealisitc expectations for young womens leading to lowering of self esteem which can be remedied by awarness campains, education, and an enforcement of ethic codes.
s Vogue or Womens Day or Good Housekeeping, or McCalls, one can easily see long articles emphasizing the need and ways to lose weight in order to have a great life. The research paper’s purpose is to review fashion magazines for advertising and portraying extremely thin women to support products, and therefore creating unrealistic expectations for young women. This frequent and excessive portrayal of ultra thin women leads to a number of unhealthy and fatal emotional and biological impacts on female readers. The impact of these magazines on self esteem of young women, as they compare their...
10 pages (2510 words) Essay
Personal Reflection Paper (Ethic class)
Had hooker chemicals ltd taken into consideration ethics in their decision to sell the site in which toxic waste had been buried. Asserting from Ethics without Sermon it could have been possible to prevent the hazardous implications if this company and the Niagara Fall school. In the examination of ethics of business decision the following questions are crucial before any action of implementation is taken. The question which needs to be addressed before making any business decision among others may include.
...
2 pages (502 words) Thesis
Got a tricky question? Receive an answer from students like you! Try us!