Final answer:
Systems theory provides a foundation for understanding and managing data in businesses through its holistic approach.
Step-by-step explanation:
Systems Theory and Data Management
The systems theory or the systems perspective of business phenomenon provides an appropriate and applicable foundation for unpacking (i.e. deciphering) data management. It views a business as a complex system made up of interrelated parts that work together to achieve a common goal. Data management, on the other hand, involves organizing, storing, and retrieving data to support decision-making and improve business processes.
Applying Systems Theory to Data Management
Systems theory offers a holistic approach to understanding and managing data within a business context. It highlights the interdependencies and interactions between various components of a data management system, such as data sources, databases, data processing, data analysis, and data governance.
By using the systems perspective, organizations can identify the relationships and feedback loops that exist within their data management systems. This understanding helps in optimizing data flows, identifying bottlenecks, improving data quality, and aligning data management practices with business objectives.