Question: 1 a Appendix 1 shows large chocolate bars are in the decline stage of the product life cycle. Explain four other stages of the product
1 a Appendix 1 shows large chocolate bars are in the decline stage of the product life cycle. Explain four other stages of the product life cycle.
b ChocoCrocs is considering what pricing strategy to use for the crocodile-shaped children's chocolate bars. Consider three suitable pricing strategies it could use and recommend which one it should choose. Justify your answer.
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