Business in Action
Business in Action
9th Edition
ISBN: 9780135198100
Author: BOVEE
Publisher: PEARSON CO
bartleby

Concept explainers

Question
Book Icon
Chapter 12, Problem 1CTQ
Summary Introduction

Case summary:

The Brand L is one of the effective marketers in toy manufacturing and it leads to conquering the toy world. Nowadays the L brand worth $8 billion which is twice the value of a combination of the next 10 brands. The Brand L joins millions of adults and kids because the brand is too valuable

The company first focused on wooden toys but it is difficult to sell in the market so they shifted to creating cheaper plastic toys. The Company has two-fold motives which are the starting of star war themed products and including customers in marketing and designing of the product.

Then Brand L gradually reduced the customer contact because of the fear of litigation from the parents sometimes they register sue for a piece of sales revenue. The unwillingness to accept outside ideas leads to moving the company from the outside world. The three other retailers said the Brand L was outdated in the market and this information is spread around the online media. The firm could not control the spread of news.

Then the firm wakes up immediately while connecting Brand L ambassador network, 300 online communities, users and fan groups. Now the company maintains frequent contact with this product fans and sharing ideas and advice this leads to capture the new generations.

In the present scenario, the company faces hard competition reached an entertainment digital world. It focused on imagination and creativity which retains the millions of active minds of kids and adults.

To discuss: whether the Lego’s quality influences the ongoing sales both  positively and negatively.

Expert Solution & Answer
Check Mark

Explanation of Solution

The Brand L quality influenced both positively and negatively in the ongoing sales of the company. The good quality of Brand L products leads to attracting the millions of children and adult’. The company maintains the proper customer relationship and ensure the involvement of customers in marketing and designing the product. This sometimes creates problems in the company among the parents such as facing sue for a piece of sales revenue. Then the company gradually reduced the customers contact because of fear of litigation from the parents for producing products like child suggestions. So the quality of Brand L affects the firm both positively and negatively.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
問題2 Production system design involves determining the arrangement of workstations and the... O allocation of resources to workstations design of the process O production schedule all of the above
Elaborate on the need for and the benefits of an effective supply chain management (SCM) system in the context of a globalized and networked economy. In your answer, explain how organizations like Dell and Hewlett-Packard leverage supply chain networks to maintain competitiveness, and analyse the impact of globalization, technological advancements, and business environment changes on supply chain structures. Additionally, evaluate the key components of SCM, including distribution network configuration, inventory management, and cash-flow management, and discuss how these components contribute to creating an effective and integrated supply chain. (15) 3.2. Critically evaluate the requirements for effective inventory management within an organization. In your answer, discuss the importance of inventory accounting systems, the role of cost information (holding, ordering, and shortage costs), and the significance of classification systems like ABC analysis. Additionally, analyse how…
Assess the role of EDI in ensuring supply chain security and data integrity. How does EDI contribute to reducing vulnerabilities in supply chain operations, and what best practices should organizations adopt to maintain a secure and reliable EDI system? (10) 1.3. Examine how the adoption of modern EDI systems influences the strategic decision-making process in supply chain management. How does EDI provide supply chain managers with actionable insights, and what are the implications of these insights for long-term supply chain planning? (10) 1.4. Evaluate the potential challenges and risks associated with the modernization of EDI systems in supply chain management. How can organizations effectively manage these challenges to ensure successful EDI implementation and ongoing optimization? (10)
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.