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Industry Experts Estimate That 80-90 Percent of Data in an Organization

question 97

Multiple Choice

Industry experts estimate that 80-90 percent of data in an organization is ________.


Definitions:

Activity-based Management System

A system that uses activity-based costing information to improve business processes and resource allocation, enhancing operational efficiency.

Real Causes

The underlying reasons or factors that lead to a certain effect or condition, often distinguished from more visible or immediate causes.

Value Engineering

A systematic method aimed at improving the "value" of goods or products and services by using an examination of function. Value is the ratio of function to cost.

Non-value-adding Activities

Tasks or processes that do not add value to the final product or service from the customer's perspective.

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