Why were the Handlers forced to resign from Mattel in 1975?
Financial mismanagement
Bankruptcy
Retirement
Conflict with board members
Answer
Financial mismanagement was the main reason why the Handlers were forced to resign from Mattel in 1975. The company had been struggling financially for some time, and the Handlers were blamed for the situation. They were accused of making poor decisions and spending too much money. The Handlers denied the accusations, but they were ultimately forced to step down.
The Ruth Handler Revolution: A Quiz on the Extraordinary Life of an American Businesswoman and Inventor
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox