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What impact is the increasing use of information technology (IT) having on organizations?
Gross Cost
Gross Cost refers to the total expense incurred before any deductions, such as discounts or rebates, providing a raw figure of the financial outlay for a purchase or project.
Commission
A fee paid for provided services, typically a percentage of the transaction value, often used in sales, brokerage, and real estate transactions.
Principals
Refers to the original sum of money borrowed in a loan, or put into an investment.
Gross Cost
Gross cost refers to the total cost of a product or service before any deductions, such as discounts or rebates, are applied.
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