The Biotech Company,well known for its low-calorie sweetener,recently added a new low-calorie chocolate substitute product that appeals to the same health-conscious consumers as its sweetener.This strategy is an example of:

Question

Quizplus · Accepted Answer

The addition of a new low-calorie chocolate substitute product shows product development, which is the process of creating new products or modifying existing ones to better meet customer needs or preferences. This strategy aligns well with the existing health-conscious consumer market and expands the company's product line.

The Biotech Company,well Known for Its Low-Calorie Sweetener,recently Added a New