1. The document outlines a presentation given by Prof. Dr. Jurgen Faust on management, design, and business at the TAISI Conference in India in 2016.
2. It discusses definitions of design provided by various sources, describing it as the realization of concepts into plans, specifications or constructed objects.
3. Business is defined through various statements focusing on its purpose as a basic human activity engaged in to make a livelihood, and the importance of business models in conceptualizing and designing businesses.