Most Organizations Cannot Operate at Peak Performance with Blind Spots

question 136

Multiple Choice

Most organizations cannot operate at peak performance with blind spots lack of data availability) of 30 days or longer. For instance, many global financial services institutions need near real time data for peak performance. This is due to which of the following principles?

• A) Principle of data in context
• B) Principle of 90/90 data use
• C) Principle of diminishing data value
• D) Principle of data quality

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Definitions:

Agency Relationships

A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in a business transaction.

Act of State Doctrine

A principle in international law that a nation is sovereign within its own borders and its domestic actions may not be questioned in the courts of another nation.

Arbitration Clause

A provision in a contract that requires disputes between the parties to be resolved through arbitration rather than through litigation in court.

Expropriation

The seizure by a government of privately owned business or personal property for a proper public purpose and with just compensation.