Select the correct expression to fill in the blank in the following sentence:-

The company plans to _____ the new product next month, and they are hoping it will boost their sales.

release

The correct answer is Option (1) → release

• Release (Verb) means to make a product, information, or performance available to the public. This fits the context of a company introducing a new item to the market with the goal of increasing sales.

• Retract means to withdraw or take back a statement or an offer. (Opposite of launching a product).

• Raise means to lift or move to a higher position, or to increase in amount. (Incorrect verb for a product launch).

• Draft means to prepare a preliminary version of a document. (Incorrect verb for a product launch).