The Purpose of the Data Administration Group Is to Protect

question 105

True/False

The purpose of the data administration group is to protect data and information assets by establishing data standards and data management practices and policies.

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Definitions:

Rate of Return

A financial metric used to measure the profit or loss of an investment relative to its initial cost.

Cross-Dock Facility

A logistics strategy where incoming materials are unloaded directly from suppliers' trucks and immediately loaded onto outbound trucks, reducing storage time and costs.

Operating Costs

Expenses associated with the day-to-day functioning of a business, excluding the cost of goods sold.

High Demand

A condition in which the need or market request for a product or service surpasses usual or anticipated levels.