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According to a Study by Thomas Cooley and Gary Hansen,the

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According to a study by Thomas Cooley and Gary Hansen,the cost in lost consumption of a 10% per annum rate of inflation is


Definitions:

Market Pressure

Forces exerted by external stakeholders, such as competitors, customers, and economic conditions, that influence a company's strategy and operations.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.

IT Departments

Internal divisions within organizations responsible for deploying, managing, and maintaining information technology systems and services.

BYOD

Bring Your Own Device, a policy allowing employees to use their personal devices for work purposes.

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