as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what are the pros and cons of using a database management system?
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the pros of using a database management system include increased security, faster and more consistent data retrieval, better data structure and organization, improved data auditing capabilities, and reduced data duplication. the cons of using a database management system include high cost of ownership, the need for skilled staff to manage the system, scalability issues, and the potential for data breaches if not used with security measures in place.
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