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The owners of Charlotte's Fine Chocolates research current trends to come up with new flavors for their chocolates. They are concerned with which strategy?

1) Marketing strategy
2) Product development strategy
3) Cost-cutting strategy
4) Distribution strategy

1 Answer

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Final answer:

The owners of Charlotte's Fine Chocolates are concerned with the Product Development strategy as they research current trends to come up with new flavors for their chocolates.

Step-by-step explanation:

The strategy that the owners of Charlotte's Fine Chocolates are concerned with is Product development strategy.

Product development strategy involves researching current trends and coming up with new flavors or variations of existing products to meet the changing preferences and demands of customers.

By researching current trends and developing new flavors for their chocolates, the owners of Charlotte's Fine Chocolates are adopting a product development strategy to stay competitive and attract customers.

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