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.

Creating an innovative product

This is an example of:

           Creating an innovative product.

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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step-by-step explanation:

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