Master Data Management (MDM) Is the Practice of Gathering Data

question 98

True/False

Master data management (MDM) is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems. MDM is commonly included in data governance.

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Definitions:

Crisis

To Erikson, the turning point faced at each developmental stage.

Cognitive Needs

Innate needs to know and to understand.

Innate Needs

Fundamental, inborn requirements essential for basic functioning and well-being.

Cognitive Needs

Basic desires and psychological requirements that drive an individual's thinking, problem-solving, and intellectual growth.