Why Were Data Warehouses Created

question 250

Multiple Choice

Why were data warehouses created?

• A) Numbers and types of operational databases increased as businesses grew.
• B) Many companies had information scattered across multiple systems with different formats.
• C) Completing reporting requests from numerous operational systems took days or weeks.
• D) All of these choices

---

Definitions:

External Costs

Costs that are not borne by the producer or consumer of a good or service, but by third parties or society as a whole, such as pollution.

Market Outcome

The end result of market interactions, determined by supply and demand forces, affecting prices and quantities.

Efficient Price

A market price that fully reflects all available information and maximizes the total benefits to society.

External Benefits

Positive effects experienced by third parties or the public due to an economic transaction they were not directly involved in.