In a competitive market, an electronics company releases a smartphone that is much faster than older models. This is an example of

following a federal regulation.

lowering prices for customers.

reducing the risk for consumers.

creating an innovative product.

Question

Jamari Hendrix

Mathematics

3 February, 11:37

In a competitive market, an electronics company releases a smartphone that is much faster than older models. This is an example of

following a federal regulation.

lowering prices for customers.

reducing the risk for consumers.

creating an innovative product.

+3

Answers (2)

Know the Answer?

Valentin Oneal · Answer 1

Valentin Oneal 3 February, 11:39

0

Creating an innovative product

Ronin Sloan · Answer 2

This is an example of:

Creating an innovative product.

Step-by-step explanation:

Innovation basically means creation of new ideas and creative thoughts in form of a device or some methods.

Innovation is also a application of the better solutions that is done in order to meet the new requirements and market needs.

Hence, here the example of an electronics company that releases a smartphone that is much faster than older models is an example of:

Creating innovative product.

In a competitive market, an electronics company releases a smartphone that is much faster than older models. This is an example offollowing a federal regulation.lowering prices for customers.reducing the risk for consumers.creating an innovative product.

In a competitive market, an electronics company releases a smartphone that is much faster than older models. This is an example of

following a federal regulation.

lowering prices for customers.

reducing the risk for consumers.

creating an innovative product.