The Car Allowance Rebate System (CARS)

question 23

Multiple Choice

The Car Allowance Rebate System (CARS)

• A) was launched as a stimulus program by the Reagan administration
• B) was introduced under the Consumer Assistance to Recycle and Save Act of 2009
• C) is currently available to purchasers of plug-in hybrids
• D) was the first-ever Vehicle Accelerated Vehicles Retirement (VAVR) program

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Definitions:

Designer Bags

High-end, often luxury bags created by prominent fashion designers or brands.

Market-Creating Innovation

Innovations that result in the creation of a new market by fulfilling an unserved or underserved need or desire.

Performance-Improving Innovation

Innovations that enhance the performance, efficiency, or quality of products or processes, thereby providing value to the organization and its customers.

Efficiency-Enhancing Innovation

Innovations that improve the productivity and performance of enterprises, often leading to reduced costs and increased quality.