What is the purpose of a company's data strategy

Asked by admin @ in Computer Science viewed by 898 People

What is the purpose of a company's data strategy?

to collect, store, manage, share, and use data
to monitor data usage to manage infrastructure budgets
to set up its IT infrastructure to collect data
to market and sell its collected data to users
I don't know this yet.

Answered by admin @


Answer:

A data strategy helps by ensuring that data is managed and used like an asset. It provides a common set of goals and objectives across projects to ensure data is used both effectively and efficiently.

mark as brainliest ❤️✌️


Similar Questions

Why is data-driven analytics of interest to companies

Asked by admin @ in Computer Science viewed by 1158 persons

Why is Data-Driven Analytics of interest to companies? It allows companies to make definitive predictions about the future. It finds creative solutions to business problems without human intervention. It gives …

Financial data for redstone company for last year appear below

Asked by admin @ in Business viewed by 274 persons

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 140,000 $ 120,000 Accounts receivable 450,000 …

Presentation of data and information of joint stock company

Asked by admin @ in CBSE BOARD XII viewed by 505 persons

Presentation of data and information of joint stock company

Why is data driven analytics of interest to companies

Asked by admin @ in Computer Science viewed by 478 persons

Why is Data-Driven Analytics of interest to companies? It helps Data Analysts shape an analytics problem from a business problem. It allows companies to make definitive predictions about the future. …

Which strategy did companies use to stop strikes from growing

Asked by maham237 @ in Mathematics viewed by 389 persons

They hired workers to cross the picket line if a group of workers went on strike. They offered workers a sum of money to stop striking. They asked supervisors to …

More companies are moving away from _______ strategy to globalization

Asked by maham237 @ in Business viewed by 273 persons

Disadvantage of union involvement in company strategy planning is

Asked by admin @ in Business Studies viewed by 443 persons

Disadvantage of union involvement in company strategy planning is... (a.) Cost control through productivity bargaining (b.) Credibility to strategy information (c.) Strategic suggestions from union (d.) barriers to information transfer

Which strategy best helps a famous brand company reach consumers

Asked by maham237 @ in History viewed by 341 persons

Which strategy best helps a famous brand company reach consumers?

Asked by maham237 @ in History viewed by 324 persons

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1256 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 723 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1116 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1279 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1072 persons

Take any three non-collinear points a b c and draw triangle a,b,c. through each vertex of the triangle draw a line parallel to the opposite side using ruler and compass

Asked by wiki @ in Mathematics viewed by 1470 persons

Most viewed questions in Computer Science

A programmer mistakenly writes gor instead of for

Asked by admin @ in Computer Science viewed by 19019 persons

Domestic data entry operator ncert book class 9 solutions

Asked by admin @ in Computer Science viewed by 15806 persons

Information technology code 402 class 9 solutions chapter 1

Asked by admin @ in Computer Science viewed by 10970 persons

Ncert solutions for class 8 computer chapter 1 computer system

Asked by admin @ in Computer Science viewed by 10401 persons

A scrum team works on a 4 weeks sprint

Asked by admin @ in Computer Science viewed by 8721 persons

Which of the following occupies more memory in c

Asked by admin @ in Computer Science viewed by 8135 persons

A database of motor vehicles has the base entity

Asked by admin @ in Computer Science viewed by 7841 persons

The network architecture can be termed as a mcq

Asked by admin @ in Computer Science viewed by 6486 persons

Cat5 and cat6 cabling refer to which reference model layer

Asked by admin @ in Computer Science viewed by 5788 persons

Class 7 computer chapter 3 questions and answers

Asked by admin @ in Computer Science viewed by 5691 persons

Choose the correct options about usability and user experience

Asked by admin @ in Computer Science viewed by 5474 persons

Which advocates daily team meetings for coordination and integration

Asked by admin @ in Computer Science viewed by 4980 persons

Which three security features match the database security level

Asked by admin @ in Computer Science viewed by 4970 persons

Which of the dbms package is not available

Asked by admin @ in Computer Science viewed by 4682 persons

________ aid a business grow and attain its objectives

Asked by admin @ in Computer Science viewed by 4487 persons