Question
a.
Increased complexity of processes
b.
Isolation of information silos
c.
Better anticipation of customer needs
d.
Reduced cost and complexity of processes using master data
Posted under Data Warehousing and OLAP
Engage with the Community - Add Your Comment
Confused About the Answer? Ask for Details Here.
Know the Explanation? Add it Here.
Q. What is a potential benefit of MDM for businesses?
Similar Questions
Discover Related MCQs
Q. In which category of MDM is it predominantly used for obtaining quality master data?
View solution
Q. What does MDM aim to achieve within an organization?
View solution
Q. What does MDM stand for in the context of data quality?
View solution
Q. What is a practical tip for ensuring data quality?
View solution
Q. What should organizations consider when it comes to data quality?
View solution
Q. What is the first step in the overall data purification process?
View solution
Q. How should you handle external data obtained for the data warehouse in terms of data quality?
View solution
Q. How should you prioritize data elements for cleansing in the data warehouse?
View solution
Q. What factors should determine how much data to cleanse in a data warehouse?
View solution
Q. What is the role of a Data Correction Authority in the data quality framework?
View solution
Q. What responsibilities does a Data Expert have in the data quality framework?
View solution
Q. What is the role of a steering committee in data quality initiatives?
View solution
Q. What is the main challenge in operational systems regarding data quality responsibilities?
View solution
Q. Who should be responsible for data quality in source systems?
View solution
Q. What is the purpose of a data quality framework?
View solution
Q. How can you detect the presence and extent of data pollution in your environment?
View solution
Q. What is the first step in assessing the extent of data pollution before applying data cleansing techniques?
View solution
Q. What factors should you consider when deciding whether to use vendor tools, integrate cleansing toolkits with ETL tools, or use in-house programming for data cleansing?
View solution
Q. Why is cleansing data in the source systems a complex task?
View solution
Q. What is a drawback of cleansing data in the staging area?
View solution
Suggested Topics
Are you eager to expand your knowledge beyond Data Warehousing and OLAP? We've curated a selection of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of Computer Science. Happy exploring!