A LEVEL ICT
Costs of Information
Theory1. Introduction
Every organisation and business needs information in order to operate. Even if they collect, collate and produce the information themselves, there is always going to be a cost - information is never free.
The four main costs involved in producing any information are:
- hardware
- software
- consumables
- manpower
We will look at each of these factors in a little more detail over the next few pages.
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