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NR 360 Week 5 Discussion From Data to Knowledge and Wisdom With Answer GUARANTEED PASS
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NR 360 Week 5 Discussion From Data to Knowledge and Wisdom With Answer GUARANTEED PASS
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NR 360 Week 5 Discussion From Data to Knowledgeand Wisdom With Answer GUARANTEED PASS
What do all IT applications require? - ANSWER: data
Data should be? - ANSWER: high quality
Managing data in organizations is difficult because? - ANSWER: Data is processed in
several stages and often in multiple locations.
How does data increase over time? - ANSWER: Exponentially
Where is data generated from? - ANSWER: Multiple sources: internal, personal, and
external.
internal sources - ANSWER: corporate databases and company documents
personal sources - ANSWER: personal thoughts, opinions, and experiences
external sources - ANSWER: commercial databases, government reports, and
corporate Websites
Clickstream Data - ANSWER: are those data that visitors and customers produce
when they visit a Website and click on hyperlinks
What does Clickstream data provide? - ANSWER: The user behavior, browsing
patterns, and Website activities
Does data degrade overtime? - ANSWER: yes
Data rot - ANSWER: primarily to the problems with the media on which data is
stored
What type of physical conditions can affect storage media? - ANSWER: temperature,
light, and humidity
What is the second aspect of data rot? - ANSWER: finding the machines needed to
access the data can be difficult.
What can be easily jeopardized and is critical? - ANSWER: Data security, quality, and
integrity
What have organizations developed over time that has become a problem? -
ANSWER: information systems for specific processes
, Information systems that perform specific processes cause problems because? -
ANSWER: They impose unique requirements on data, which results in repetition and
conflicts.
These unique requirements create? - ANSWER: inconsistent data
Inconsistent data - ANSWER: prevents a company from developing unified view of
core business information
core business information - ANSWER: data concerning customers, products, finances,
and etc.
What have federal regulations made a top priority when concerning data? -
ANSWER: to better account for how they are managing information
Sarbanes-Oxley requires what? - ANSWER: 1. public companies evaluate and disclose
the effectiveness of their internal financial controls
2. independent auditors for these companies to agree to this disclosure.
Who is responsible for these regulations? - ANSWER: The CEO and CFO
Companies are drowning in what? - ANSWER: data, much of which is unstructured
Data governance - ANSWER: an approach to managing information across an entire
organization, which involves a formal set of business processes and policies that are
well designed and fashioned.
Master data management - ANSWER: a process that spans all organizational business
processes and applications
Master data management provides what? - ANSWER: companies with the ability to
store, maintain, exchange, and synchronize, accurate, truthful, version of the
company's data.
Master data - ANSWER: the companies set of core data, such as a consumer, product
employee, vendor, geographic location, that span all enterprise information system.
What is important to distinguish? - ANSWER: transaction and master data
Transaction data - ANSWER: are generated and captured by operational systems,
describe the business's operation systems, which describes the business's activities
or transactions.
Master data does what to transaction data? - ANSWER: categorizes, aggregates, and
evaluates it.
How much data does the world generate each year? - ANSWER: exabytes
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