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The New, Consultative Function of the MIS Department Centers on More

question 95

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The new, consultative function of the MIS department centers on more efficient project management, technical training, and effective infrastructure planning.


Definitions:

Saving Rate

The proportion of disposable income that is not spent on consumption but reserved for future use or investment.

Living Standards

refer to the quality and quantity of goods and services available to individuals or societies, reflecting their economic prosperity and quality of life.

Financial System

The group of institutions in the economy that help to match one person’s saving with another person’s investment

Main Function

The primary or most important role or purpose that an entity or system is designed or intended to fulfill.

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