Word Of The Day

Business Dictionary Dictionary Word Of The Day
Frugal Innovation - Engineering - Word of the Day
January 9, 2018
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Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a good and its production. Usually this refers to removing nonessential features from a durable good, such as a car or phone, in order to sell it in developing countries. Designing products for such countries may also call for an […]