Stock Prices Lululemon Dropped Recall Millions Yoga Pants Recall Root Cause Decline Women Q34265884

Stock prices at Lululemon dropped after a recall on millions ofits yoga pants. The recall was the root cause of the decline aswomen complained about the material used to make the pants. Thecompany experienced bad publicity and a reduction in sales. Whichof these stakeholder groups did the company fail to satisfy?

Expert Answer

Answer: Product MarketStakeholders

Explanation:

Here Lululemon failed to satisfy theneeds of the woman customers who are the primary customers. Theprimary customers come under the stakeholder group of productmarket stakeholders. Hence the stakeholder group the company failedto satisfy here is the Product Market Stakeholders.