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Topic: Economic effects 

Business Education

 Standard 30.  Understands the impact of information systems and technology on business and society
  Level IV (Grade 9-12)
   Benchmark 5.Knows economic effects of using information systems (e.g., high cost to business when purchasing equipment, reduced staff numbers, retraining of staff)
    Knowledge/skill statements
     1.Knows information systems cause high costs to businesses when purchasing equipment
     2.Knows information systems cause a reduction in staff numbers
     3.Knows information systems cause a need to retrain staff