A developer needs to change some field labels on a FlexCard.

Versioning a FlexCard allows the developer to make changes to the FlexCard without affecting the existing instances of the FlexCard. The developer can choose to update all instances of the FlexCard with the new version or keep them as they are. This is useful when the changes are minor and do not affect the functionality or layout of the FlexCard. Cloning a FlexCard creates a copy of the FlexCard with a new name and ID. The developer can make changes to the cloned FlexCard without affecting the original FlexCard. This is useful when the changes are major and require a different configuration or design of the FlexCard1. In this case, since all instances of the FlexCard must be updated with the changes, versioning is the best course of action.