A document that suggest the data necessary for solving the management question and how the data will be gathered, treated and interpreted
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Data collection is a document that suggests the data necessary for solving the management question and how the data will be gathered, treated, and interpreted.
Incorporating, processing, protecting, and storing data for later use in strategic decision-making to enhance corporate results is the activity of data management.
As a result of the substantial issues this development has brought about, including data silos, security threats, and general decision-making bottlenecks, data management disciplines have gained importance inside organizations.
Master data management focuses on transactional data, such as sales records, whereas data management refers to a broad field. Information on the buyer, vendor and goods is frequently included in sales statistics. Businesses may identify their most profitable items, markets, and consumers using this kind of data. Master data comply with higher requirements since it contains personally identifiable information.
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