Data Management

Data is information in _____________that can be transmitted or processed.

Data that is used for labelling variables without any quantitative value.

• qualitative

• quantitative

• discrete

• nominal

______ is the practice of collecting, keeping, and using data securely, efficiently, and cost effectively.

Data management is important because data is considered a corporate asset and can be used to make better-informed business decisions, improved marketing campaigns, optimize business operations, and reduce costs.

• True

• False

• Both A and B

• Uncertain

Data governance increases efficiency, also reduces errors in database, saves times and money, and analytical efforts.

• True

• False