How is Data Governance (DG) defined?

• A process for storing large volumes of data.

• The exercise of authority and control over the management of data assets.

• A set of technological tools for data analysis.

• A system for automating business processes.

Which organizations make decisions about data?

• Only those with a formal Data Governance program.

• Only technology and financial services companies.

• All organizations, regardless of whether they have a formal Data Governance program.

• Only regulated organizations.

What is the purpose of Data Governance?

• Maximizing unrestricted use of databases.

• Ensuring that data is properly managed according to policies and best practices.

• Creating new information management systems without regulations.

• Centralizing control of all data in a single department.

What role does Data Governance play within data management functions?

• It has no significant role.

• It oversees all other data management functions.

• It only deals with data security.

• It is only important in regulated environments.

Which aspect is NOT typically included in a Data Governance program?

• Defining data strategies.

• Implementing data access and security policies.

• Redesigning the company’s IT infrastructure.

• Ensuring regulatory compliance related to data.

What is a key factor in adopting a formal Data Governance program?

• Implementation without cultural change.

• Sponsorship from a C-level executive (CRO, CFO, CDO).

• Centralization of all data in a single repository.

• Removal of data quality controls.

What is a common challenge for implementing Data Governance?

• Lack of interest in data management.

• Cultural resistance to organizational change.

• The absence of databases in the company.

• Too many predefined standards.

Which of the following is an essential component of Data Governance?

• Implementation of database servers.

• Defining data quality and data architecture standards.

• Developing data analytics software.

• Creating corporate social media networks.

Which of the following statements is true about Data Governance and organizational change?

• The success of Data Governance does not require cultural change.

• Effective cultural change is key to the success of Data Governance.

• Data Governance only impacts the company’s technology strategy.

• Corporate culture does not influence data governance.

Why do organizations strive to become data-driven?

• To align data management with business strategy and program planning.

• To reduce the need for data management.

• To avoid information security regulations.

• To eliminate the need for a Chief Data Officer.