Fast & Swift, a Sedan Manufacturer, Has Introduced Spectra, a Leisure

question 36

Multiple Choice

Fast & Swift, a sedan manufacturer, has introduced Spectra, a leisure car that boasts of an eco-friendly model at a comparatively lower price.The first 50 buyers are given a three-year warranty on their purchase. The eco-friendly design and features of Spectra are the _____ product.

• A)formal
• B)core
• C)actual
• D)future

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Definitions:

Theory of Innovations

A conceptual framework that explains how new ideas, products, and practices spread within a society or from one society to another, often driving economic growth and social change.

Unemployment Insurance Benefits

Financial payments made by the government to individuals who are unemployed and meet certain eligibility requirements.

Discouraged Worker

An individual who is not actively seeking employment due to a belief that no jobs are available for them or there are no suitable job vacancies.

Structurally Unemployed

Individuals who are unemployed due to a mismatch between their skills and the needs of the job market, often because of technological changes or shifts in the economy.