capture, store, integrate data

Question 1

data meaning

Answer 1

collection of facts/figures gathered through observation, measurement, surveys

Question 2

data capture meaning

Answer 2

process of extracting information and converting it into computer-understood format
- analog or digital

Question 3

data collection plan meaning

Answer 3

identifies what data, and what format that data should be formatted in

Question 4

data capture should be…

Answer 4

accurate, complete, consistent
- data validation + verification needed in web-based forms for accuracy

Question 5

once captured…

Answer 5

converted to a format helpful to users:
- can be mined, analyzed, interpreted
- helps businesses adjust practices

Question 6

cons of data capture

Answer 6

data could be incorrect, irrelevant, unnecessary
- impacts storage resources, which is expensive

Question 7

how to store data

Answer 7

securely, accessible for further use
- locally: on-site or remote
- cloud-based
- hybrid of both

Question 8

how should companies handle data

Answer 8

must have policies + procedures to ensure data protection + client privacy
- follow laws + legislations

Question 9

data integration meaning

Answer 9

the process of bringing data together form multiple sources/areas of an organizations

Question 10

use of data integration

Answer 10

provides complete datasets for business intelligence via analytics, data mining, visualization, tools

Question 11

data investments for companies

Answer 11

should invest in systems that handle data effectively + efficiently
- competitive advantage