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If a new system involves a new database or substantial changes to an existing database, then the development team will have to create a(n) ________.
Capital Spending
Expenditures by businesses to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase their capacity or efficiency.
Incorporating
The process of legally declaring a business as a corporation, providing it with specific legal rights and protections.
Limited Liability
A legal structure that limits the personal financial responsibility of shareholders, partners, or owners for company debts and obligations.
Common Stock
Equity ownership in a corporation, with voting rights and the potential to receive dividends.
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