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.

Grasp the concept of economic incentives and how they influence market behavior.

Understand how consumer information sources impact purchasing decisions and market efficiency.

Identify the effects of expansionary and restrictive monetary policies on economic stability.

Understand the concept of market failure and its causes, including externalities and government intervention.

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Definitions:

Depression

A major and lasting slump in economic performance, highlighted by a notable reduction in GDP, increased unemployment rates, and persistent deflation.

Rate of Inflation

The percentage increase in the price level of goods and services over a period, typically one year.

Federal Budget Deficits

The difference between what a government spends and what it collects in taxes over a fiscal year, with deficits indicating more spending than revenue.

Money Supply

The full measure of monetary assets within an economy, involving cash, coins, and balances in checking and savings accounts, at a specified moment.