You are working as a consultant for a medium$-$sized business that is considering implementing a Database Management System $($DBMS$)$ to streamline its operations. The company is currently managing data through traditional file systems, and they are interested in understanding the benefits and challenges associated with transitioning to a database$-$driven approach. As a part of your role, you need to facilitate a discussion among key stakeholders to explore the core components and applications of databases, along with key concepts like data abstraction and data independence. Your discussion should focus on the following:$$

What are the core components of a database, and how do you think they differ from traditional file systems? Provide examples of applications where a database management system would be beneficial for the company's operations.$$

Explore the different types of database management systems and discuss how each type can be suitable or unsuitable for the company's specific needs.$$

How might data abstraction contribute to a more efficient and user$-$friendly interaction with the database for different stakeholders within the company? Provide examples of situations where achieving data independence is particularly crucial for the business.$$