Question: Data is considered a valuable asset for an organization because it can ___________. Question 5 options: Support decision-making Build visualizations Support decision-making Reduce cost of

Data is considered a valuable asset for an organization because it can ___________.

Question 5 options:

Support decision-making

Build visualizations

Support decision-making

Reduce cost of goods sold

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Which of the following allows an organization to collect, store, and share data pertinent to its business model (e.g., sales, inventory) throughout the organization in real time?

Question 18 options:

ERP (Enterprise Resource Planning) System

Web Scraping

Excel

None of these answers

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What is data sourcing?

Question 19 options:

Writing surveys and distributing them to customers

Identifying sources of raw materials that can be used by the organization to reduce manufacturing costs

Identifying sources of data that can be collected to answer business questions and support decision-making

Identifying sources of software that individuals can install on their computers

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