What does the term effective data management mean to you What are the top 3 reasons businesses spend copious amounts of time and money on effective data management Can you identify an example of a business you are familiar with It can be a cafe, a manufacturing company, a software development firm, a business consulting firm, or any business you choose List the kind of data the business maintains in its everyday reports Who or which department(s) maintains this data Who or which department(s) finds this data useful

Question: What does the term effective data management mean to you? What are the top 3 reasons businesses spend copious amounts of time and money on

What does the term effective data management mean to you?
What are the top 3 reasons businesses spend copious amounts of time and money on effective data management?
Can you identify an example of a business you are familiar with? It can be a cafe, a manufacturing company, a software development firm, a business consulting firm, or any business you choose.
- List the kind of data the business maintains in its everyday reports.
- Who or which department(s) maintains this data?
- Who or which department(s) finds this data useful?

Step by Step Solution

★★★★★

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To me effective data management refers to the systematic and organized handling of data throughout its lifecycle including processes such as collection storage organization analysis and utilization It ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Business Writing Questions!

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

You are interviewing a candidate for a position at a call center. You need someone polite, courteous, patient, and dependable. The candidate you are talking to seems nice. But how do you know who is...

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

What are the top 3 reasons businesses spend copious amounts of time and money on effective data management

Corporate Finance Course it's about Whole Foods purchase by Amazon. below are the questions need to be answered, also the documents are attached. QUESTIONS: 1.The investment thesis on AMZN has ALWAYS...

READ THE CASE STUDY AND ANSWER THE QUESTIONS You have been hired as Vice President of Cloud Factory (see attached case). 1. Evaluate the current market position of the company. (10 marks) 2. Describe...

Please read the article and follow the given instructions to answer the questions. I have attached the screenshots of the articles and number them. You have been given three dinstinctly different...

Hi, Please help me with responding to the discussion questions below because I'm having a hard time answering them myself. I have been up all night, and I'm unable to figure them out. I uploaded a...

1. Compare a "Command and Control" culture of an organization to a "Collaborative" Culture. What are the characteristics of each and the advantages of each? 2. We learned that information technology...

CHAPTER 1 THE BUSINESS AND SOCIETY RELATIONSHIP BUSINESS & SOCIETY Title ISBN Business and Society Archie B. Carroll; Ann K. Buchholtz 978-1-285-73429-3 Publisher Cengage Learning Author FOCUS OF THE...

What is the purpose of a statement of financial position? What comprises a complete set of financial statements in accordance with AASB 101/IAS 1? What are the major limitations of a statement of...

What principles regarding timing and measurement determine when, and for how much, firms recognize revenue?

Evaluate the following limit . lim cos 3 x + 4 cos x - 5 x - + 0 cos x - 1 Question 3 Question 4 Question 5 Select the correct choice below and, if necessary, fill in the answer box to complete your...

A consumer analyst collected the following data on the screen sizes of popular LCD televisions sold recently at a large retailer: Manufacturer Screen Price Sharp 47 $1,030.50 Samsung 45 1,165.50...

The solution of the first- order differential equation dy 2ry 92 + (2y + +1) = 0, y (0) = -3 is y? + (a2 + 1) y 3.x 3 = 00 y? + (2 + 1) y 3.x 6 = 0 y? + (22 + 1) y 3x2 +3 = 0 y? + (22 + 1) y ...

The following bar chart shows the number of customers using various models of washing machines. Identify the mode(s) for this dataset. Select all that apply. Frequency Distribution of Customers Using...

Describe the functions that deviant behaviour performs for society

Bioremediation was selected to clean up 1000 m 3 soil contaminated with 1000 mg/kg n-nonane (C 9 H 20 ), 1000 mg/kg toluene (C 7 H 8 ), and 2000 mg/kg benzene 1,2-diol (C 6 H 6 O 2 ). The soil bulk...

can u show me these things making a joirnal entry, t account, p&l, statement of owners equity and balance sheet

What is a rights offering? Why do companies issue rights rather than simply sell additional stock directly to investors? How is the value of a right determined? Should an individual stockholder sell...

How might one establish norms (or target values) for the financial ratios of a company that is just getting started? Where might data for this purpose be obtained? Could information of this type be...

Shrieves Casting Company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by Sidney Johnson, a recently graduated MBA. The production line...

Ray Anderson, owner of Anderson Ski Lodge in upstate New York, is interested in forecasting the number of visitors for the upcoming year. The following data are available, by quarter, from the first...

Blueberry Farms Golf and Fish Club of Hilton Head, South Carolina, wants to find monthly seasonal indexes for package play, nonpackage play, and total play. The package play refers to golfers who...

The sales of Andres Boutique for 2012 and part of 2013 are: a. Using the ratio-to-moving-average method, determine the specific seasonals for July, August, September, and October 2012. b. Assume that...