design

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design

the process of translating a product idea into a product which can be produced and marketed on a commercial basis. Though design is a creative process it has economic consequences insofar as a product's shape, configuration and performance affect its marketability and its cost of production. In order to achieve high product variety without involving an excessive variety of components, designers often use common, interchangeable parts and design products on a modular basis.

In order to remain competitive, firms need continuously to review the design of their products in the light of new developments in materials and processes. The technique of VALUE ANALYSIS is used to identify possible sources of cost savings without impairing a product's performance. See COMPUTER-AIDED DESIGN, NEW PRODUCT DEVELOPMENT.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Therefore, a sustained release of GM from GM/HMS@ZIF can be achieved using this designable drug delivery system.
Designable combinations of fiber and matrix make the composite a versatile material.
Compared with traditional metallic materials, composite materials are anisotropic and designable. These characteristics offer the possibility of obtaining the optimal properties of a composite structure for a specific application, such as the maximum strength, stiffness, or minimum weight [1].
Likewise, publicity requirement are a designable feature and if socially desirable, they should be required under tax incentives as well.
Information integration thus becomes a designable variable in supply chain members' strategic decisions.
In multilevel approach various types of models are designable, one of them is moderating cross-level model.
The soundscape information in relation to the soundscape components could be very important and have practical significance, because it is related to certain sound sources and thus designable, which makes the soundscape intervention/design process more pointed.
Organizations are hence artifacts of affirmative thinking and organizational basic metaphors that are designable and open to change and that can be subject to a re-figuration through prophetic, poetic, and normative images.
Meanwhile, significance level of t-Test for the non-discretionary accruals variable is less than 1%, therefore regression equation is designable and it can be said that 1 unit of change in non-discretionary accruals variable causes an increase of 1.26 units in the growth rate.