Chris Salt Ashley Solomon Kimberly Tucker Mattel’s mismanagement of international subcontractors and vendors and the production of certain toys (the manufacturing process), as well as their inability to adapt their marketing strategy or product to the constantly changing “demographic and socioeconomic trends” (Ferrell, et. all 466). Legal International supply chain Technology and socioeconomic trends Strengths Opportunities Mattel’s core brands are instantly recognizable Barbie is the #1 doll in the U.S.A. Brand leveraging is high Dominance in the international market Growth potential with technology-based toys, especially in international markets Development of an online social network Expand Barbie and My Scene brands to include sports gear, fashion lines, music, and movies Weaknesses Threats Inefficient management Reliance on Wal-Mart and Target Reliance on traditional toys Increasing global competition Increasing domestic competition Volatile oil prices International laws and ethics Lifestyle changes of target audience Rate of children growing up Role of technology in products Purchasing power and consumer needs in global markets Training Internal Auditors Technology-based Products Employ Internal Auditors Audit on a regular basis. Establish an adequate budget. Auditors taken from the Human Resources Department and Operations Management Department will be put in charge of monitoring the domestic and international supply chain, the manufacturing process, the quality of the products, and the compliance of employees with the company’s high safety and ethical standards. An audit report must also be produced and presented to Mattel’s management. This report should also be published on their website.