The 5 Essential Components of Data Strategy
Master Your Data Strategy
Take this engaging quiz to explore the essential components of data strategy and assess your understanding of crucial concepts that can enhance your data management skills.
- Understand the importance of data as a corporate asset
- Learn about data acquisition, storage, and management
- Identify key components that contribute to effective data strategy
In past data was treated as a corporate asset?
True
False
Which of the following is considered under data strategy?
Storage
Replication
Integration
Deleting the unnecessary data
Data strategy is a plan created to improve data acquisition, storage, duplication, management, sharing, and usage of data.
True
False
Lack of data strategy leads to:
Using false data
Treating data as a byproduct
Replication of result
None of the above
Inconsistencies in business report is caused due to lack of business integration?
True
False
Which step is undertaken once the data is stored?
Identify
Provision
Process
Governance
Identifying the data under data strategy means:
Understanding its meaning and naming the data
To locate the data in the database
Grouping the data according their names
None of the above
Storing the data in data strategy means:
Finding a place to keep the data stored within the business
Ensuring the data is stored in a way it can be accessed and shared conveniently
Using a cloud or physical space to store the data for the user
Storing the data with the third party company to get access to it easily
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