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25 July, 17:41

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.

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Answers (2)
  1. 25 July, 18:37
    0
    Creating an innovative product
  2. 25 July, 19:00
    0
    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.
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