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________ Refers to the Process of Designing Products to Maximize

question 30

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________ refers to the process of designing products to maximize their functionality and ease of production and to minimize their associated costs.


Definitions:

Year 2

A reference to the second year in a given context, typically used in financial forecasting or product development timelines.

Return On Total Assets

A financial metric that measures a company's earnings before interest and taxes (EBIT) relative to its total asset value.

Net Profit Margin Percentage

A financial metric that shows what percentage of a company's revenues is left over after all expenses have been deducted, indicating profitability.

Return On Equity

A financial ratio indicating the profitability of a firm in relation to shareholders' equity, showing how effectively a company uses investors' funds to generate profit.

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