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The Use of Information Systems Facilities to Focus on the Collection

question 118

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The use of information systems facilities to focus on the collection, organization, integration, and long-term storage of entity-wide data is known as:


Definitions:

Family-Owned Businesses

Enterprises owned and operated by members of one or more families, often passed down through generations.

Closed Corporations

A type of corporation that is held by a few owners, does not offer its stocks for public sale, and is exempt from certain regulations.

Written Agreement

A legally binding document outlining terms, conditions, rights, and duties agreed upon by two or more parties.

Collective Ownership

A situation where assets or property are owned jointly by a group or community, typically managed and controlled democratically.

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