Quality of Design Refers to the Intention of the Designers

question 45

True/False

Quality of design refers to the intention of the designers to include or exclude certain features in a product or service based on marketing and other information.

---

Definitions:

Initial Investments

The initial amount of money invested in a project, asset, or company to cover setup costs or purchase capital assets.

Working Capital

The difference between current assets and current liabilities, indicating the liquidity available to fund day-to-day operations.

Income Tax Rate

The percentage of income that is paid to the government as tax.

After-Tax Discount Rate

This is the discount rate that has been adjusted for taxes, used to evaluate the net present value of an investment after taking into account the tax implications.