The Chief Data Officer (CDO) Is Responsible for Determining the Types

question 17

True/False

The chief data officer (CDO) is responsible for determining the types of information the enterprise will capture, retain, analyze, and share.

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Definitions:

Promote Diversification

A strategy aimed at reducing risk by allocating investments among various financial instruments, industries, and other categories.

Financial Cooperatives

Member-owned financial institutions that provide savings, credit and other financial services to their members.

Commercial Banks

Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.

Horizontal Merger

A business consolidation that occurs between two firms that operate in the same industry, often aimed at increasing market share and reducing competition.