Important decisions must be made at each step of the PLC. In the Introduction phase why must a toy maker look at in the current product line when introducing new products?

Important decisions must be made at each step of the PLC. In the Introduction phase why must a toy maker look at in the current product line when introducing new products?



• The current toy market is declining, and the toy maker Mattel is finding this out the hard way. Brands such as Barbie, Hot Wheels, Fisher-Price and American Girl are having stagnant growth in comparison to the more innovative brands under other companies.



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Principles of Marketing

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