Topic: TEAM 6: Product safety and liability – the case of lead in toys. Research and present on the 2009 scandal of massive toys recalls due to the presence of lead. What were the root causes for the problem? What actions were taken at policy and business levels? What should be done to prevent such problems in the future? (or choose another case of product safety & liability). (Mattel has done recalls so Mattel is the topic and company of choice.
You are writing these policy research papers in order to analyze a particular business issue and make policy recommendations. You may want to address your paper to a person or to an agency (e.g., President Biden, the Federal Reserve, Environmental Protection Agency, FDA, whatever) and make your recommendations realistic as to what that person or agency can accomplish. Do not be vague and say things like “reduce unemployment” or “achieve economic growth”– how would you recommend this be done? The more specific your recommendations, the better.
Choose a specific company or industry that faces a pressing environmental, social or economic issue. You should be choosing from the topic Since you have been keeping up with your reading and current events, you have (almost) the whole world to choose from. You should structure your paper according to the following
format:
Section I – Background (1-2pp)
Describe the issue and summarize the economic/political/scientific background clearly and succinctly (pretend you are writing for an intelligent layperson). Is this a new issue, or an ongoing problem? Why? What are the causes of the problem, environmental/social/political/economic?
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