Final answer:
A Database is a tool that organizes extensive amounts of information such as employee contact information, wages, and benefits. It allows for the efficient management and retrieval of data, crucial for businesses to manage their human resource information.
Step-by-step explanation:
A tool that holds an extensive amount of information such as employee contact information, wages, and benefits is called a Database. Databases are pivotal in businesses because they allow for efficient storage, retrieval, and management of large data sets. When it comes to handling information such as employee details, payroll, and benefits packages, a well-structured database can be an incredibly powerful tool.
Databases are comprised of tables, which in turn consist of columns and rows. These tables can store vast quantities of data in an organized fashion. Businesses use databases to perform complex queries, generate reports, and support decision-making processes. This differs from graphs, which are visual representations of data; software, which may include databases but refers to programs in general; and cells, which typically refer to the individual data points within spreadsheets or tables.
For example, a human resources department uses a database to track employee records, including contact details, employment history, salary, and benefits information. This allows for easy access and updates to the data, as well as secure storage.