Relationships Analysis Involves

question 24

Multiple Choice

Relationships analysis involves:

• A)removing one of the components of the product and replacing it with one from another environment.
• B)removing an intrinsic component and its function,in such a way as to functionally change the product.
• C)finding relationships among dimensions to generate new product concepts.
• D)identifying and creating a new relationship typically between a component internal to the product and one that is external to the product.

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Definitions:

Real Rate of Interest

The interest rate that has been adjusted to remove the effects of inflation, showing the real earning power of an investment.

Inflation Rate

A situation where the overall cost of goods and services climbs, causing the value of money to diminish.

Annual Percentage Rates (APRs)

A measure of the cost of credit, expressed as a yearly interest rate, that includes interest, fees, and other charges associated with the loan.

Compound Interest

Interest calculated on the initial principal which also includes all of the accumulated interest from previous periods on a deposit or loan.