What Is Data Gap Analysis

question 157

Multiple Choice

What is data gap analysis?

• A) The time it takes for data to be stored or retrieved
• B) The management and oversight of an organization's data assets
• C) The tests and evaluations used to determine compliance with data governance policies to ensure correctness of data
• D) When a company examines its data to determine if it can meet business expectations, while identifying possible data gaps

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Definitions:

Managerial Innovation

The introduction of novel management practices, processes, or structures that aim to improve organizational effectiveness.

Innovative Ideas

New, unique, or creative concepts that have the potential to bring changes or improvements.

External Environment

Events and conditions surrounding an organization that influence its activities.

Open Innovation

An approach where companies are encouraged to adopt both internal and external ideas, along with using both internal and external routes to reach the market, in order to further their technological progress.