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How can information technology be used as a strategic weapon in business today?
Injection Mold
A manufacturing process used to create parts by injecting molten material into a mold.
Operating Cost
Refers to the total expense associated with running a business's core operations on a day-to-day basis, excluding financing and investment costs.
Useful Life
The expected period of time during which an asset remains functional and economically viable for its intended use.
Economic Value
Economic value refers to the value of a good or service determined by its capacity to satisfy human wants and needs, often reflected in willingness to pay.
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