Why Do Firms Need to Create Separate Data Repositories for Their

question 66

Multiple Choice

Why do firms need to create separate data repositories for their reporting and analytics work?

• A) Most firms store their data assets offsite to insure themselves against the possibility of data damage through natural disasters.
• B) Maintaining huge databases can be a cost-sink for most firms.
• C) Most organizations need to differentiate data derived in-house and from data aggregators.
• D) Running analytics against transactional data can bog down a TPS.
• E) Reporting and analytics are two separate functions, each requiring its own separate database specifically formatted to the needs of the management team.

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Definitions:

Delphi Method

A forecasting technique using a group process that allows experts to make forecasts.

Decision Makers

Individuals or groups responsible for making choices that determine an organization's or individual's course of action.

Respondents

Individuals or entities that provide answers or feedback in response to questions in surveys, interviews, or research studies.