As the pace of change continues to increase, businesses must face ever new challenges from competitors, markets, regulatory bodies, and governments.

To contribute to a better understanding of the likely impact of these challenges, we are introducing Point of view. These brief reports will describe a current issue of business concern, highlight the major ramifications, offer PricewaterhouseCoopers' opinion on it, and close with a Q&A back page addressing some of the more important questions surrounding the issue.

We hope you will find each Point of view informative and useful.

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