Rephrase please- Trade-offs of smart phone could be battery life, multitasking, camera, interfaces with social networks. Trade-offs plays a crucial role in design and development of a product to the following reasons incorporate selected features into the initial design, since adding all features makes the design complex and costly. The features are added in design of a product to maximize its usability and marketability. Analysis of trade-offs helps to maximize the profit of a firm by determining the vital aspects required for the product design. It can be concluded that trade-offs help to enhance the profit and growth of a business firm.