The integration of Information and Communication Technology (ICT) into modern commercial operations decreases transaction processing speed and inflates operational overhead due to the costs of digital network maintenance.
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False. ICT enhances transaction speed and lowers overall operational overhead for commercial enterprises.
The claim is false because ICT dramatically improves the speed, accuracy, and efficiency of business transactions while lowering overall administrative and operational expenses in the long run.
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Concept and Importance of ICT in Business