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During the "Computer Revolution" of the 1980s and 1990s,many Firms

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Essay

During the "computer revolution" of the 1980s and 1990s,many firms replaced old technology with new technology.What might explain why firms don't change technology as quickly today?


Definitions:

Arbitrary Changes

Modifications made without any systematic reasoning, often based on personal discretion or whims.

Design of Graphics

The art and practice of planning and projecting ideas and experiences with visual and textual content.

Grouped Bar Charts

A type of bar chart that displays multiple data sets side by side for easy comparison across categories.

100% Bar Charts

Graphical representations where the total value of each bar equals 100% to show comparative ratios of different categories.

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