A company can use several strategies to address market conditions. For products, they can diversify their product range or innovate new products to meet changing consumer habits. For promotions, they can leverage digital marketing strategies to reach a wider audience. For place, they can expand their distribution channels or enter new markets. For price point, they can adopt competitive pricing strategies or offer discounts to attract customers. However, these strategies should be aligned with the company's strengths and weaknesses, as well as environmental conditions like regulations and laws.
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