By Failing to Adapt to Their Customers' Changing Demographics,needs and Preferences,and

question 80

True/False

By failing to adapt to their customers' changing demographics,needs and preferences,and continuing a "if it's not broken,don't fix it" strategy,Mattel's Barbie doll line lost significant market share to MGA's Bratz doll line,eventually leading to a costly lawsuit.

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Definitions:

Unique

Being the only one of its kind; unlike anything else.

Confidence

A belief in one's abilities or qualities.

Adolescent Egocentrism

A developmental stage where teenagers excessively focus on themselves and have difficulty recognizing other perspectives.

Prepubertal Romance

Emotional and social relationships that can occur between prepubertal children, often characterized by expressions of affection without sexual connotations.