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Why Are Systems Development Projects Initiated? Provide an Example

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Why are systems development projects initiated? Provide an example.


Definitions:

Net Gain

The difference between the selling price of an asset and its purchase price, after adjusting for costs, taxes, and other expenses.

Ratio

A numerical relationship showcasing how many times one number can include or fit into another.

Proportion

A mathematical concept that denotes a part, share, or number considered in comparative relation to a whole.

Dow Jones Industrial Index

A stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

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