Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Manfold Toy Company: Ethics. Analysis - Case Study Example

Comments (0) Cite this document
In the process, one of the interests can cause the corruption or degeneration in other interests (Mann 1901).
Joseph Wan the founder and the chairman of Manfold Toy…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
Manfold Toy Company: Ethics. Case Study Analysis
Read TextPreview

Extract of sample "Manfold Toy Company: Ethics. Analysis"

Download file to see previous pages Vivian Chen in the year 2005 the secretary of Manfold Toy Company told Daniel Kot about plans to prepare corporate governance structure by including the best of the practices of other companies. This would be done after benchmarking the companies, and then adopting the best internal governance practices of the firms. This will improve the internal governance of Manfold. Upon hearing this proposal Daniel said that first of all the rules and regulations as set by Hong Kong exchange would be first implemented and then if there is any need a stronger internal governance mechanism can be obtained. Thus the proposal is never pursued, although it would have led to implementation of better internal governance (Jonson 262).
Mitchell and Meyers decided to appoint Big Capital to facilitate the process of takeover by acting as a consultant. In the process Mitchell & Meyers contacted Maggie Mok who happened to be one of the owners of Big Capital. Maggie Mok also happened to be one of the directors of Manfold Toy Company. Maggie Mok decided to deliberately hide the information from Mitchell and Meyers regarding the financial distress through which Manfold is going through with the impending danger of facing bankruptcy in On Yee Exports. Maggie’s Mok was promised to be paid of a whopping HK$20 if it plays a pivotal role in the Takeover process (Gleeson 287). Maggie deliberately hid the critical information from Mitchell and Meyers in order to obtain the consultancy fee.
During audit process, Ken informed abnormality in the accounts regarding the decrease in the maintenance cost of the machines despite massive increase in the production. Upon hearing the news Joseph decided to do ignore the information and asked Ken to fasten up the audit process.
The company boasted of producing high quality materials using the state of the art machinery and using the good quality materials. In order to decrease the costs, the Daniel Kot decided to make changes in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Manfold Toy Company: Ethics. Case Study Analysis”, n.d.)
Retrieved from
(Manfold Toy Company: Ethics. Case Study Analysis)
“Manfold Toy Company: Ethics. Case Study Analysis”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Manfold Toy Company: Ethics. Case Study Analysis

Toy Central Corporation

...? Case Study: Toy Central Corporation Case Study: Toy Central Corporation Internal Control over the financial reporting is considered to be the process that maintains a reasonable rationale with regard to the reliability of financial reporting in a company. As Deloitte, Touche, Ernst and Young (2004) point out, an effective internal control over financial reporting is the key element to improve management of records and enhanced preparation of consistent financial reports. This comprehensive process requires the involvement of people at all levels of the company. People with variety of roles, such as those who formulate and implement policies and those monitor systems are...
3 Pages(750 words)Case Study

The Investment Idea to Extend the Services Area of East Nest Hotels

6 Pages(1500 words)Case Study

Manfold Toy Company: Corporate Governance and Ethics for Directors and Professionals

... Manfold Toy Company: Corporate Governance and Ethics for Directors and Professionals With the emergence of several high-profile cases revolving around organizations that collapsed due to the occurrence of ethical issues and problems, the key consideration with regards to the departure of these firms from the business arena is that of conflict of interest (Boatright 100). According to Boatright, a conflict of interest can be defined as the incidence of personal interest that essentially weakens an employee’s capacity to take appropriate and suitable decisions regarding his/her job due to the emergence of a conflict with the motives of fulfilling the rights of other individuals. This concept largely occurs in relationships... that are of a...
3 Pages(750 words)Case Study

Getting to Know Portugal

4 Pages(1000 words)Essay

Wilkerson Company Variance Analysis

...Running Head: Wilkerson Company Analysis Wilkerson Company Variance Analysis {Type Here} {Your Institute This paper isabout the reasons that caused the profits of Wilkerson Company to fall. In this paper I have used all the financial information that was given in the case and reached a conclusion. The conclusion was based on the comparisons of the data and my knowledge of the subject. I have also tried to give valid reasons for any discrepancy among the actual and budgeted data. In the end, I have concluded the main reason behind this fall in profit that Wilkerson Company is suffering from last few years. Wilkerson...
5 Pages(1250 words)Case Study

Hexin Toy Co. Ltd

... markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and the society’s well-being. The societal marketing concept calls upon marketers to build social and ethical considerations into their marketing practices. They must balance and juggle the often-conflicting criteria of company profits, consumer want satisfaction, and public interest yet a number of companies have achieved notable sales and profit gains by adopting and practicing the societal marketing concept. About Organization: Hexin Toys Co. Ltd. is founded in 1973, specializing in manufacturing and exporting toys, games which are one of the earliest toys... Hexin...
9 Pages(2250 words)Case Study

Best Buy Company, Inc Analysis

...they expanded their business and made it globalize through launching it in the market of China. With the passage of time as the Market grew, the profits of the company have also been accelerated. “Best Buy has seen large increases in revenues over the past few years because of the demand for flat-panel TVs. Revenue increased 12.45% overall in fiscal 2006 and 16.49% overall in fiscal 2007. It is unlikely that these margins will continue due to slowed demand and decreased prices for the TVs.” (Matthew Kemp) The research shows that the company have more potential to increase its revenue in the future and it will keep hold the largest market share as well. Analysis on the...
5 Pages(1250 words)Case Study

Business Ethics Case Study - Chemical company

...Business Ethics Introduction In order to assist Bethany, the product development manager of the chemical company, Lubchem to make decision to thequestion, seven steps analysis will be establishing in the context, combining with the analysis of 'means and ends' and ethical reasoning provide Bethany with an argued case. Suitable conclusion will be drawn on the recommended action ought to be taken by her. Establishing the facts The case creates Bethany, Boris Stone the plant supervisor and the environment agency responsible for upholding standards on environment, pollution control and health hazards. It characterises Bethany, Boris stone, and the...
7 Pages(1750 words)Case Study

Thousands Miles Away

6 Pages(1500 words)Personal Statement

The Issues That Arise When a Large Company Decides to Integrate ERP into Its Operations

6 Pages(1500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Manfold Toy Company: Ethics. Case Study Analysis for FREE!

Contact Us