I’m working on a business case study and need an explanation and answer to help me learn.

Please answer the following 2 cases and answer the questions. 2 pages each, double spaced, 12 font and times new roman.

Case 1

Please refer to the Harvard Business Review article attached to the discussion thread, as well as to the links provided:

https://www.jdsupra.com/legalnews/the-importance-of-vendor-diversity-5316562/

https://corporate.mcdonalds.com/corpmcd/en-us/our-stories/article/ourstories.dei-diverse-supplier.html

Many firms would like to increase the diversity of their supplier base. However, when it comes to placing orders, they tend to order from the same suppliers they have always used.

Please answer the following:

• The potential advantages to firms of having a diverse supplier base.
• The impediments firms need to overcome to achieve a more diverse supplier base.
• How firms can implement changes in their operating methods and procedures to achieve greater diversity in their supplier base.

Case 2: Mattel’s case

Unsafe for Children: Mattel’s Toy Recalls and Supply Chain Management

1. How should Mattel evaluate the decision to contract out its manufacturing to offshore firms? How should the risks of contracting be weighed against the benefits of lower-cost production?
2. What procedures did Mattel have in place to ensure the safety of its products? Why were these procedures insufficient to prevent defective products? What procedures do you recommend?
3. Who is ultimately responsible for ensuring the safety of imported toys in the U.S.? What is Mattel’s responsibility? How about the Chinese manufacturers and the U.S. and Chinese regulatory agencies