(Answered) 1 give three examples of business processes or operations

Management Studies

1) Give three examples of business processes or operations that would benefit significantly from having detailed real-time or near real-time data and identify the benefits.

2) List three types of waste or damages that data errors can cause.

3) Explain the principle of 90/90 data use.

4) Why is master data management (MDM) important in companies with multiple data sources?

5) Distinguish between operational databases, data warehouses, and data marts.

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