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What are the key control implications of the absence of database normalization?
Regulatory Changes
Modifications or updates in laws and regulations that affect how businesses operate and compete.
Property Rights
The rights to use, control, and obtain the benefits from a good or resource.
External Costs
Costs of a transaction or activity that affect parties who did not choose to incur that cost, often not reflected in the market price.
Social Cost
The total cost to society as a whole, including both private costs incurred by firms or individuals and external costs imposed on others.
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