Question

It is imperative for marketing managers, to understand the need of
adopting marketing mix to
and also to constantly
analyze the value/need changes and differences among both global and
domestic markets. * Marketing Concepts
Sales strategies brand images
cultural values​

Answer 1

Answer:

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Answer 2

Explanation:

The statement given in question is related to a marketing concept that guides us to be well aware of the needs of the market and the changes occurring in global and domestic markets.

In the modern era where changes are occurring rapidly, new technologies are coming, it is very important for a brand to be flexible and adaptive to new changes so that it can not only grow in market but also to retain its customers.  One such example is of Nokia that didnt shifted to android technology and a company who was a giant at one time is now no longer in the race of competition. Hence it is very important for brands to be flexible and customer oriented