Which of the following is an accurate description of the toy industry at the time of the LEGO case study?

1. Children had more after-school activities than in the past, leading to less time for playing with toys.

2. Hasbro, the largest toymaker in the world, created toys based on Disney and Pixar characters.

3. Retailers were focused on popularity of toys to kids in determining which toys to stock on the shelves.

4. The demand for fad toys was pretty flat and steady.